Given the Data Points (X,y) = (3,3), (4,4), (5,5), (6,6)

question 42

Multiple Choice

Given the data points (x,y) = (3,3) , (4,4) , (5,5) , (6,6) , (7,7) , the least squares estimates of the y-intercept and slope are respectively:

• A) 0 and 1.
• B) -1 and 0.
• C) 5 and 5.
• D) 5 and 0.

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Definitions:

Payback Period

The amount of time it takes for an investment to generate enough cash flow to recover the initial outlay.

Modified Accelerated Cost Recovery System (MACRS)

A tax depreciation system in the United States that allows the accelerated write-off of property under various categories and periods.

Accelerated Depreciation

A method of depreciation in which an asset loses book value at a faster rate than the traditional straight-line method.

Tax Purposes

The specific reasons or objectives behind the calculation or payment of taxes, often influencing financial decisions and reporting.