In inference for regression, the TRUE (population) regression line is written as \(\mu_y = \alpha + \beta x\), while the SAMPLE (estimated) regression line is written as \(\hat{y} = a+bx\). What is the relationship between \(b\) (sample slope) and \(\beta\) (true population slope)?
- **A)** \(\beta\) is calculated directly from the sample data
- **B)** \(b\) represents the true population slope, and \(\beta\) is the sample estimate
- **C)** \(b\) and \(\beta\) are always exactly equal for any given sample
- **D)** \(b\) is a SAMPLE STATISTIC used to estimate the unknown, fixed POPULATION PARAMETER \(\beta\), and like any statistic, \(b\) will vary from sample to sample
This mirrors the general parameter/statistic relationship throughout the course: \(b\) is what we actually calculate from data, used to estimate the unknown, fixed true slope \(\beta\).