Is the Data Point, P
-The Regression Equation for a Set

question 24

Multiple Choice

Is the data point, P
-The regression equation for a set of paired data is $y = - 21.1 + 1.3 x$ . The values of $x$ run from 100 to 400 . A new data point, $\mathrm { P } ( 175,206.4 )$ , is added to the set.

• A)Both
• B)Influential point
• C)Neither
• D)Outlier

---

Definitions:

Marketing Information

Data collected, analyzed, and used by businesses to make informed decisions about market trends, customer behavior, and competitive strategies.

Secondary Data

Information that has been collected previously by others and is available for use in new research or analysis.

Primary Data

Information collected directly for a specific research purpose or project, often through surveys, interviews, or experiments.

Buyers' Intentions Forecast

Predictions concerning the future purchasing actions of consumers based on analysis of their behaviors or trends.