A Least Squares Regression Line ______

question 52

Multiple Choice

A least squares regression line ______.

• A) may be used to predict a value of y if the corresponding x value is given
• B) implies a cause-effect relationship between x and y
• C) can only be determined if a good linear relationship exists between x and y
• D) All of the answers are correct.

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Definitions:

Primarily Liable

Refers to the party who has the main responsibility to fulfill an obligation or debt in a legal agreement.

Secondarily Liable

Refers to the responsibility that falls on a party only after the primarily liable party has failed to fulfill their obligations.

Accommodation Maker

An individual who signs a loan document as a guarantor without receiving any of the loan proceeds, promising to pay the debt if the principal borrower fails to do so.

Primarily Liable

Being directly and foremost responsible for a legal obligation or debt.