A Consumer Group Collected Information on HDTVs

question 58

Multiple Choice

A consumer group collected information on HDTVs. They created a linear model to estimate the cost of an HDTV (in $) based on the screen size (in inches) . Which is the most likely value of the slope of the line of best fit?

• A) 7
• B) 0.70
• C) 700
• D) 7000
• E) 70

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Definitions:

Visible Outcome

A result or effect that is easily seen, noticed, or observed.

Herzberg's Model

A theory of motivation that divides factors into motivators, which can increase job satisfaction, and hygiene factors, which can prevent dissatisfaction.

Motivated

The internal drive or condition that prompts an individual to act or behave in a particular way towards achieving certain goals or fulfilling needs.

Fringe Benefits

Additional benefits supplementing an employee's salary, such as medical insurance, paid vacation, and retirement plans.