Mathematics, 04.04.2020 08:30, memoryofdale

The equation for a straight line (deterministic model) is y=β0+β1x. If the line passes through the point (−6,1), then x=−6, y=1 must satisfy the equation; that is, 1=β0+β1(−6). Similarly, if the line passes through the point (8,12), then x=8, y=12 must satisfy the equation; that is, 12=β0+β1(8). Use these two equations to solve for β0 and β1; then find the equation of the line that passes through the points (−6,1) and (8,12).

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The equation for a straight line (deterministic model) is y=β0+β1x. If the line passes through the p...