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Understanding Properties of Regression Coefficient

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Explain : Properties of Regression Coefficient
The constant ‘b’ in the regression equation (Ye = a + bX) is called as the Regression Coefficient. It determines the slope of the line, i.e. the change in the value of Y corresponding to the unit change in X and therefore, it is also called as a “Slope Coefficient.”
The constant ‘b’ in the regression equation (Ye = a + bX) is called as the Regression Coefficient. It determines the slope of the line, i.e. the change in the value of Y corresponding to the unit change in X and therefore, it is also called as a “Slope Coefficient.”