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    What Does δ Represent in the Regression Model?

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    (a) What does δ represent in the regression model? (b) What assumptions do we make about δ (epsilon)? What is the distinction between Greek letters (β - beta) and Roman letters (b) in representing a regression equation?

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    (a) δ represents the error term in the regression model.
    (b) The two variables both ...

    Solution Summary

    What δ and β represents in a regression model is determined.