Penny Is Figuring the Regression Line for Some Data but Needs

question 27

Multiple Choice

Penny is figuring the regression line for some data but needs help in first figuring the predicted value of Y.She knows that the slope is 3 and the intercept is 4.What is the predicted Y value for an X score of 7?

• A) 17
• B) 19
• C) 25
• D) 31

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Definitions:

Principal Amount

The initial size of a loan or bond or the amount deposited, excluding any interest or earnings.

Scholarships

Financial aid awarded to students to help pay for education expenses, often based on academic achievement or other criteria.

Restricted Fund Method

An accounting practice used for reporting resources that have been restricted by donors or grantors.

Externally Restricted Contribution

Funds received by an organization that are designated for specific purposes by the donor, restricting their use by the recipient.