The slope of your Simple Linear Regression model is close to zero, but the intercept is significant. What does this indicate, and what could be the potential reason?
- Error in Model, Incorrect Data
- No Relationship, Constant Value of Dependent Variable
- Strong Relationship, Outliers
- Weak Relationship, Lack of Variation in Independent Variable
A slope close to zero may indicate a weak or no relationship between the variables, and this could be due to a lack of variation in the independent variable.
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