intercept
(noun)
the coordinate of the point at which a curve intersects an axis
Examples of intercept in the following topics:
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Slope and Intercept
- The concepts of slope and intercept are essential to understand in the context of graphing data.
- If the curve in question is given as $y=f(x)$, the $y$-coordinate of the $y$-intercept is found by calculating $f(0)$.
- Functions which are undefined at $x=0$ have no $y$-intercept.
- Analogously, an $x$-intercept is a point where the graph of a function or relation intersects with the $x$-axis.
- The zeros, or roots, of such a function or relation are the $x$-coordinates of these $x$-intercepts.
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Slope and Y-Intercept of a Linear Equation
- For the linear equation y = a + bx, b = slope and a = y-intercept.
- From algebra recall that the slope is a number that describes the steepness of a line and the y-intercept is
- What is the y-intercept and what is the slope?
- The y-intercept is 25 (a = 25).
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Slope and Intercept
- In the regression line equation the constant $m$ is the slope of the line and $b$ is the $y$-intercept.
- The constant $$$m$ is slope of the line and $b$ is the $y$-intercept -- the value where the line cross the $y$ axis.
- An equation where y is the dependent variable, x is the independent variable, m is the slope, and b is the intercept.
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Interpreting regression line parameter estimates
- The slope and intercept estimates for the Elmhurst data are -0.0431 and 24.3.
- (It would be reasonable to contact the college and ask if the relationship is causal, i.e. if Elmhurst College's aid decisions are partially based on students' family income. ) The estimated intercept b0 = 24.3 (in $1000s) describes the average aid if a student's family had no income.
- The meaning of the intercept is relevant to this application since the family income for some students at Elmhurst is $0.
- In other applications, the intercept may have little or no practical value if there are no observations where x is near zero.
- The intercept describes the average outcome of y if x = 0 and the linear model is valid all the way to x = 0, which in many applications is not the case.
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The Equation of a Line
- The intercept of the fitted line is such that it passes through the center of mass $(x, y)$ of the data points.
- Where $m$ (slope) and $b$ (intercept) designate constants.
- In this particular equation, the constant $m$ determines the slope or gradient of that line, and the constant term $b$ determines the point at which the line crosses the $y$-axis, otherwise known as the $y$-intercept.
- Three lines — the red and blue lines have the same slope, while the red and green ones have same y-intercept.
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Statistical Literacy
- In a discussion about the Dallas Cowboy football team, there was a comment that the quarterback threw far more interceptions in the first two games than is typical (there were two interceptions per game).
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Comparing Nested Models
- Random intercepts model.
- A random intercepts model is a model in which intercepts are allowed to vary; therefore, the scores on the dependent variable for each individual observation are predicted by the intercept that varies across groups.
- This model assumes that intercepts are fixed (the same across different contexts).
- Random intercepts and slopes model.
- In this model, both intercepts and slopes are allowed to vary across groups, meaning that they are different in different contexts.
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Inference for linear regression
- Interpret the slope and intercept in context.
- Interpret the slope and intercept in context.
- (c) Interpret the slope and intercept in the context of the application.
- Intercept: People who are 0 centimeters tall are expected to weigh -105.0113 kilograms.
- The intercept here is meaningless, and it serves only to adjust the height of the line.
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Introduction to inference for linear regression
- In this section we discuss uncertainty in the estimates of the slope and y-intercept for a regression line.
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Categorical predictors with two levels
- The intercept is the estimated price when cond_new takes value 0, i.e. when the game is in used condition.
- The estimated intercept is the value of the response variable for the first category (i.e. the category corresponding to an indicator value of 0).