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#14 Suppose we fit the simple linear regression model Y = beta_0 + beta_1 x + epsilon and get
the estimated regression function Y = b_0 + b_1 x What population characteristic of Y does Y
actually estimate? What population characteristic of Y does estimate?
Solution
y-hat calculates the mean of y for a given value of x

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#14 Suppose we fit the simple linear regression model Y = beta_0 + .pdf

  • 1. #14 Suppose we fit the simple linear regression model Y = beta_0 + beta_1 x + epsilon and get the estimated regression function Y = b_0 + b_1 x What population characteristic of Y does Y actually estimate? What population characteristic of Y does estimate? Solution y-hat calculates the mean of y for a given value of x