General Studies · Regression Analysis
In a simple linear regression model y = β0 + β1x + ε, what does the intercept (β0) represent?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The rate of change in y for every unit increase in x
- 2The predicted value of y when the independent variable x is zero✓
- 3The strength of the linear relationship between x and y
- 4The point where the regression line crosses the x-axis
Correct answer
The predicted value of y when the independent variable x is zero
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