The two parameters of the equation
y = b0 + b1 x
are the intercept and slope of the line.
Finding the equation of a line
The exercise below displays a straight line. Use the information provided in the diagram to determine the line's equation.
If you can easily do this exercise, the next one is a little harder.
Find the intercept and slope of the least squares line shown in the diagram.
Repeat with a few different questions.