Which term names the constant portion of the regression equation?

Prepare for the Data Mining Test with our comprehensive quizzes. Practice with various question types, each with hints and explanations. Boost your understanding and ensure success on your exam!

Multiple Choice

Which term names the constant portion of the regression equation?

Explanation:
In regression, the constant portion is the intercept. In the typical form y = β0 + β1 x + ε, β0 is the intercept: it sets the baseline level of y when the predictor x is zero. This term stays fixed for the model, not depending on x. The slope β1 is what changes with x and describes how y changes per unit change in x. Variance is a measure of dispersion, not part of the regression equation itself. So the part that anchors the equation as a constant is the intercept.

In regression, the constant portion is the intercept. In the typical form y = β0 + β1 x + ε, β0 is the intercept: it sets the baseline level of y when the predictor x is zero. This term stays fixed for the model, not depending on x. The slope β1 is what changes with x and describes how y changes per unit change in x. Variance is a measure of dispersion, not part of the regression equation itself. So the part that anchors the equation as a constant is the intercept.

More Multiple Choice Questions
Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy