Answer:
B. Population regression line
explanation:
Error term refers to the sum of deviation within regression line which provides an explanation for the difference between the results of the model and actual observed results. It represents margin of error within a statistical model.
Error term is the distance from each point to the population regression line. It includes everything that differentiates your model from reality. Therefore, factors like nonlinearities, unpredictable effects, measurement errors, and omitted variables will be reflected.
Answer:
X=4
Step-by-step explanation:
Eveything is explained in the pic. Hope that helps ;)
Answer:
The fixed term is the y-intercept. In this case the y-intercept would be 100.
Step-by-step explanation:
This is because the 100 dollars cannot be changed. You can always change the amount you save per month and the amount of months you save.
Danielle earned $951.25
Step-by-step explanation:
Multiply her commission by her sales and add her base rate
x=7.25%($4500)+625 or x=0.0725(4500)+625
distribute
x=326.25+625
simplify
x=951.25
Ok so its kinda hard to read but 15 feet!
