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Question

Mathematics Question on Statistics

In the equation of trend line yt=a+bxy_t=a+bx, a and b represent:

A

the mean of y and the slope of trend line respectively

B

the slope of trend line and the mean of y respectively

C

the mean of xy and the slope of tend line respectively

D

the slope of trend line and the mean of x respectively

Answer

the mean of y and the slope of trend line respectively

Explanation

Solution

The correct option is (A):the mean of y and the slope of trend line respectively