Answer
True
Work Step by Step
The estimates of $β_{o}$ and $β_{o}$ should be interpreted only within the sampled range of the independent variable, x.
Statistics (12th Edition)
by McClave, James T.; Sincich, Terry T.
Published by
Pearson
ISBN 10:
0321755936
ISBN 13:
978-0-32175-593-3
Chapter 11 - Simple Linear Regression - Exercises 11.11 - 11.31 - Understanding the Principles - Page 561: 11.13
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