A Regression and Correlation Analysis Resulted in the Following Information

question 63

Multiple Choice

A regression and correlation analysis resulted in the following information regarding a dependent variable (y) and an independent variable (x) . ​ The least squares estimate of the slope or b₁ equals

• A) .923.
• B) 1.991.
• C) -1.991.
• D) -.923.

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Definitions:

Data Tables

Structures used in software and databases to organize information in rows and columns, facilitating easy data management and analysis.

Solution PivotTable

an advanced data analysis feature or tool, typically in spreadsheet software, that allows for the dynamic organization and summarization of large datasets.

One-Input Data Table

A table in spreadsheet software used to explore the impact of changing one variable on one or more outcomes.

Single Input Value

A term that typically refers to a function or operation in various programming and software contexts, where only one input value is required or processed at a time.