$$\text { If the equation for the regression line is } y ^ { \prime } = - 8 x + 6 \text {, then the intercept of this line is }$$

question 37

Multiple Choice

$$\text { If the equation for the regression line is } y ^ { \prime } = - 8 x + 6 \text {, then the intercept of this line is }$$

• A) 12
• B) 6
• C) -8
• D) -2

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Definitions:

Marginal Labor Cost

The additional cost incurred by hiring one more unit of labor.

Hourly Wage

The amount of money that an employee is paid for each hour of work.

Production Workers

Production workers are employees involved in the manufacturing process or operations of producing goods and services.

Wages

Compensation provided to workers for their work or services, commonly determined by the hour, day, or by the piece.