Given the Least Squares Regression Line Y-Hat = 3

question 77

Short Answer

Given the least squares regression line y-hat = 3.52 - 1.27x, and a coefficient of determination of 0.81, the coefficient of correlation is: $\begin{array}{|l|l|}\hline\text { A. } & -0.85 \\\hline \text { B. } & 0.85 \\\hline \text { C. } & -0.90 \\\hline \text { D. } & 0.90 \\\hline\end{array}$

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Definitions:

Liable

Being legally responsible or obligated to make amends for harm caused to another person or property.

Drawee

The party upon whom a check, draft, or other negotiable instrument is drawn and is expected to pay.

Drawer

In banking and finance, the person who writes or issues a check or draft.

Payee

The individual or entity to whom a payment is made or owed, especially noted in the context of checks or promissory notes.