The population parameters that describe the y-intercept and slope of the line relating y and x are β₀ and β₁ respectively.
What is a population model?
A population model can be represented by the equation:
[tex]\mu_y=\beta_1x + \beta_o[/tex]
Where μy is the population mean, β₀ is the y intercept and β₁ is the slope of the line
The population parameters that describe the y-intercept and slope of the line relating y and x are β₀ and β₁ respectively.
Find out more on population parameters at: https://brainly.com/question/2292917
