The Following Data Is to Be Used to Construct a Regression

question 111

Multiple Choice

The following data is to be used to construct a regression model: $$\begin{array} { l l l l l l l } x & 3 & 5 & 7 & 4 & 8 & 10 &9\\y & 5 & 4 & 5 & 4 & .7 & 10&8\end{array}$$ The value of the slope is ____________.

• A)16.49
• B)1.19
• C)1.43
• D)0.75
• E)1.30

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Definitions:

Developed Countries

Nations with relatively high levels of economic growth and security, characterized by strong infrastructure, high gross domestic product per capita, and generally high standards of living.

Developing Countries

Countries with lower levels of economic development, characterized by lower industrialization and lower human development indices.

Capital

Assets used for the production of goods and services, often including things like machines, buildings, and tools.

Productivity

The measure of efficiency of production, typically expressed as the ratio of outputs to inputs in the production process.