The Following Table Shows the Number of Workdays Absent Based

question 145

Multiple Choice

The following table shows the number of workdays absent based on the length of employment in
Years.
i. The least squares equation for the data: Y' = 7.7407 - 0.6852X.
ii. The dependent variable (Y) is the number of work days absent.
iii. The negative slope indicates an inverse relationship between the variables.

• A) (i), (ii), and (iii) are all correct statements.
• B) (i) and (ii) are correct statements but not (iii).
• C) (i) and (iii) are correct statements but not (ii).
• D) (ii) and (iii) are correct statements but not (i).
• E) (i), (ii), and (iii) are all false statements.

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Definitions:

Land

An asset category in accounting representing real estate or property owned by a business, excluding buildings or structures on the property.

Investing Activities

Financial transactions related to the purchase or sale of long-term assets and investments, as reported in a company's cash flow statement.

Operating Activities

Business actions directly related to the production and delivery of goods and services, generating the primary revenue streams.

Equipment

In business, equipment refers to the tangible assets used in operations, such as machinery, computers, and tools, which are not intended for sale.