Refer to the Graph Shown

question 79

Multiple Choice

Refer to the graph shown. A decrease in production costs is likely to cause a movement from:

• A)C to D.
• B)B to D.
• C)B to A.
• D)C to A.

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Definitions:

Independent Variable

Variables in a study that are presumed to influence or determine the dependent variable, essentially the cause in a cause-and-effect relationship.

Least Squares Estimate

A method of estimating the parameters of a linear regression line by minimizing the sum of the squares of the differences between the observed and predicted values.

Y-intercept

The point where a line crosses the Y-axis of a graph, indicating the value of the dependent variable when the independent variable is zero.

Independent Variable

A variable in an experiment or study that is manipulated to observe its effect on a dependent variable.