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Based on the Regression Output Shown Below, Which of the Following

question 22

Multiple Choice

Based on the regression output shown below, which of the following statements is true?
The regression equation is
Price (cents) = 128 + 1.08 Time
Predictor Coef SE Coef T P
Constant 128.112 2.092 61.25 0.000
Time 1.0782 0.1407 7.66 0.000
S = 5.07299 R-Sq = 71.9%
Durbin-Watson statistic = 0.244822

Grasp the rapid rate of infant growth and developmental milestones.
Acknowledge the dietary and health recommendations for infants to ensure optimal development.
Understand the structure of arguments and identify conclusions within them.
Recognize and analyze syllogistic steps in an argument.

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