Suppose That We Find a Regression Relating X to Y

question 82

Multiple Choice

Suppose that we find a regression relating X to Y by the following equation: Y´ = 12 + .80X.If we observe an X score of 2,what score on Y would we expect?

• A) 8
• B) 10.4
• C) 13.6
• D) 16.4

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Definitions:

IFRS

International Financial Reporting Standards, a set of accounting guidelines providing a global framework for financial statements.

Deferral Method

An accounting procedure that postpones the recognition of certain income or expenses until a later accounting period.

Financial Statements

Reports that provide an overview of a company's financial condition, including income statement, balance sheet, statement of cash flows, and statement of changes in equity.

Capital Assets

Long-term assets that a business uses in its operations and that are not intended for resale, such as property, plant, and equipment.