Exhibit 12-3
You Are Given the Following Information About Y

question 117

Multiple Choice

Exhibit 12-3
You are given the following information about y and x.
$\begin{array}{cc}\text { Dependent Variable Y) }&\text { Independent Variable } \mathbf{X} \text { ) }\\12 & 4 \\3 & 6 \\7 & 2 \\6 & 4\end{array}$
-Refer to Exhibit 12-3. The least squares estimate of b? equals

• A) 1
• B) -1
• C) -11
• D) 11

---

Definitions:

Original Offer

The initial proposal or price presented to potential buyers in a deal or transaction.

New Terms

Freshly introduced or revised conditions or stipulations in a contract or agreement.

Standard Order Form

A predefined template used by businesses to facilitate the easy and consistent placing of orders by customers.

Materially Alter

To make significant changes to a document or object that could affect its value, function, or meaning.