In the Equation for a Regression Line, the Intercept Is

question 36

Multiple Choice

In the equation for a regression line, the intercept is the:

• A) value for X when Y is equal to 0.
• B) predicted value for Y when X is equal to 0.
• C) amount that Y is predicted to increase for a one-unit increase in X.
• D) z score of the amount that Y is predicted to increase as X increases.

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Definitions:

Global Customers

Individuals or businesses around the world who purchase goods or services from a company, highlighting the reach of businesses beyond local or national markets.

Environmental Scanning

The process of systematically gathering, analyzing, and using information from the external environment for strategic planning.

Demographics

Statistical data relating to the population and particular groups within it, such as age, gender, income level, and education.

Internal Environment

The conditions, entities, events, and factors within an organization that influence its activities and choices.