You are given the following information about y and x. ​ The least squares estimate of the intercept or b₀ equals

A) 1.
B) -1.
C) -10.75.
D) 10.75.

Least Squares Estimate

A mathematical method used to determine the best-fitting line or curve to a set of data points by minimizing the sum of the squares of the differences between the observed values and the values provided by the model.

Intercept

In regression analysis, the point where the line of best fit intersects the y-axis, indicating the expected value of the dependent variable when all independent variables are zero.

Dependent Variable

In an experiment or model, it is the variable being tested and measured, which is expected to change as a result of manipulations of the independent variable(s).