A Regression Model Was Developed Relating Fiber and Potassium Content

question 2

Multiple Choice

A regression model was developed relating fiber and potassium content for a sample of cereals.The circled observation is ________________________ .

• A)an outlier and leverage point
• B)an outlier and influential point
• C)a leverage and influential point
• D)an influential point only
• E)an outlier only

---

Definitions:

Operating Costs

Expenses associated with the day-to-day functions of a business, excluding costs related to production.

Annual Cost Savings

The reduction in costs achieved during a year due to various savings measures or efficiencies.

Discount Factor

A multiplier used in discounted cash flow (DCF) analyses to determine the present value of future cash flows, reflecting the time value of money.

Proposed Project

An outlined plan or proposal for undertaking a specific activity or achieving a goal that requires approval or funding.