The intercept b0 is calculated by substituting the mean point (xˉ,yˉ) and the known slope b1 into the regression equation y^=b0+b1x, and then solving algebraically for b0. In the example, substituting x=3, y^=4, and b1=0.6 yields 4=b0+0.6(3), which simplifies to b0=2.2.
Conditions: The slope b1 has already been computed.; The sample means xˉ and yˉ are known.; The regression line is assumed to pass through (xˉ,yˉ).