# Fitting a straight line to a set of data yields the following prediction line:           Yi = 16 - 0.5Xi Interpret the meaning of the Y intercept, b0.Interpret the meaning of the slope, b1.Predict the value of Y for X = 6.

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Fitting a straight line to a set of data yields the following prediction line:

Yi = 16 - 0.5Xi

1. Interpret the meaning of the Y intercept, b0.
2. Interpret the meaning of the slope, b1.
3. Predict the value of Y for X = 6.
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Step 1

Given prediction line

Yi = 16 – 0.5 Xi

1. Intercept b0 indicates that at X = 0, Yi would be 16
2. Slope bi indicates that for every unit increase in the variable Xi, Yi reduces by 0.5
3. Predicting the value of Y f...

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