A Regression and Correlation Analysis Resulted in the Following Information

question 3

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 intercept or b₀ equals

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

---

Definitions:

Rejection Region

The range of values in hypothesis testing that if the test statistic falls into, leads to the rejection of the null hypothesis.

Ice Cream Flavors

Various unique tastes of ice cream created by altering ingredients and mixtures in its production.

Random Sample

A sample drawn from a population in such a way that every member of the population has an equal chance of being selected.

Sales Data

Information collected about the number of products or services sold in a given time period.