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Solution) Address the following questions about regression analysis: a. Define simple linear regression. b. Wh

Question: Address the following questions about regression analysis:

a. Define simple linear regression.

b. When is it most appropriate to rely on raw parameter coefficients and when is it most appropriate to rely on standardized parameter coefficients?

c. Why is the Y-intercept estimate equal to 0 for standardized estimates?

d. What are the steps in interpreting a regression model?

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