In a linear regression model, what does the slope coefficient represent?

Practice Questions

Q1
In a linear regression model, what does the slope coefficient represent?
  1. The intercept of the regression line
  2. The change in the dependent variable for a one-unit change in the independent variable
  3. The total variance in the dependent variable
  4. The correlation between the independent and dependent variables

Questions & Step-by-Step Solutions

In a linear regression model, what does the slope coefficient represent?
  • Step 1: Understand that a linear regression model is used to predict a dependent variable based on one or more independent variables.
  • Step 2: Identify the dependent variable, which is the outcome we want to predict.
  • Step 3: Identify the independent variable, which is the factor we are changing to see its effect on the dependent variable.
  • Step 4: Look at the slope coefficient in the regression equation, which is usually represented as 'b' in the equation y = mx + b.
  • Step 5: Realize that the slope coefficient tells us how much the dependent variable (y) will change when the independent variable (x) increases by one unit.
  • Step 6: If the slope coefficient is positive, it means the dependent variable is expected to increase. If it is negative, it means the dependent variable is expected to decrease.
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