Mathematics, 29.02.2020 00:27 tiffanibell71

Finding β0 and β1 . The equation for a straight line (deterministic) is y = β0 + β1x. If the line passes through the point (0,1), then x = 0, y = 1 must satisfy the equation. That is, 1 = β0 + β1(0). Similarly, if the line passes through the point (2,3), then x = 2, y = 3 must satisfy the equation: 3 = β0 + β1(2). Use these two equations to solve for β0 and β1, and find the equation of the line that passes through the points (0,1) and (2,3).

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Finding β0 and β1 . The equation for a straight line (deterministic) is y = β0 + β1x. If the line pa...