In a Regression Analysis, the Regression Equation Is Given by Y

question 79

Multiple Choice

In a regression analysis, the regression equation is given by y = 12 - 6x. If SSE = 510 and SST = 1000, then the coefficient of correlation is

• A) -.7.
• B) +.7.
• C) .49.
• D) -.49.

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Definitions:

Transfer Price

The cost at which various units within the same corporation sell goods and services to each other.

Idle Capacity

The unused portion of a company's production capacity, where resources such as space, labor, or equipment are underutilized.

Contribution Margin

The amount of revenue remaining after deducting variable costs, contributing to covering fixed costs and profit.

Standard Sensor

A predefined device used to detect or measure physical properties.