Intercept
Definition
The intercept is the value on the y-axis where a line crosses when x equals zero. It represents an initial starting point before any other factors come into play.
Analogy
Think of the intercept as the starting point of a race. Before any runners start running, they all line up at a specific point on the track. The intercept in statistics is like that starting point, where the line begins before any other variables are considered.
Related terms
Correlation Coefficient: The correlation coefficient measures the strength and direction of the linear relationship between two variables.
Slope: The slope represents how much one variable changes for every unit change in another variable.
Regression Line: A regression line is a straight line that best fits all data points in a scatterplot.
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