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:

Biased

Showing an unfair preference or prejudice towards someone or something.

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Pertaining to law or the system of rules that are recognized in a particular country or community as regulating the actions of its members and enforced by the imposition of penalties.

Digital Ethics

The branch of ethics that studies and evaluates the moral issues and challenges presented by digital technology and its use.