Given the Least Squares Regression Line $\hat { y } = 5 - 2 x$

question 122

Multiple Choice

Given the least squares regression line $\hat { y } = 5 - 2 x$ :

• A)the relationship between x and y is positive.
• B)the relationship between x and y is negative.
• C)as x decreases, so does y.
• D)None of these choices.

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Definitions:

Subsidized Rate

A reduced interest rate on loans provided by the government or other institutions to support specific groups or activities.

Productivity

The measure of how efficiently goods and services are produced, often evaluated as output per unit of input.

Standard Of Living

The level of wealth, comfort, material goods, and necessities available to a person, family, or group in a society.

Long Run

A period sufficient for all adjustments to be made, including prices, wages, and resource allocations, in response to economic conditions.