In the equation of trend line yt = a + b

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Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Linear Programming

Question:

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

Options:

the mean of y and the slope of trend line respectively

the slope of trend line and the mean of y respectively

the mean of xy and the slope of tend line respectively

the slope of trend line and the mean of x respectively

Correct Answer:

the mean of y and the slope of trend line respectively

Explanation:

The correct answer is Option (1) - the mean of y and the slope of trend line respectively