Which of the Following Correctly Describes an Estimated Regression Line

question 49

Multiple Choice

Which of the following correctly describes an estimated regression line?

• A) It might be represented by the equation.
• B) It is a line calculated from census data by the method of least squares.
• C) The values of a and b found in the equation of the estimated regression line represent the line's slope and intercept, respectively.
• D) None of these.

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Definitions:

Driving Patterns

The behaviors and habits of drivers, including speed, routes taken, and times of travel, which can impact fuel consumption, traffic flow, and road safety.

Safety Equipment

Tools and devices designed to protect individuals from injury or harm, especially in workplaces.

Expected Loss

The anticipated amount of loss a party might suffer in an investment or venture, taking into account the likelihood of various outcomes.

Probability

The likelihood of a particular event happening.