If the Slope of the Regression Line Is 2

question 1

Multiple Choice

If the slope of the regression line is 2.5,and the intercept 16,then when X is 4,Y is?

• A)6
• B)15
• C)26
• D)36

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Definitions:

Revenues

Income that a company receives from its normal business activities, usually from the sale of goods and services to customers.

Beginning Inventory

The amount of goods presented for buying at the initial stage of an accounting term.

Goods Available for Sale

The total quantity of goods that a company has in stock and is available to be sold, including both finished goods and those still in production.

Ending Inventory

Available goods for sale's value at an accounting period's termination.