In a Simple Least-Squares Regression Where X Refers to the Number

question 18

Multiple Choice

In a simple least-squares regression where X refers to the number of sales calls made by a sales department and Y refers to the monthly total cost of the sales department, the R-squared in the regression output would represent:

• A)the estimated monthly total costs of the sales department.
• B)the estimated monthly fixed costs of the sales department.
• C)the estimated monthly variable costs per unit of the sales department.
• D)the percent of variation in Y that is explained by X.

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Definitions:

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