In the Least Squares Regression Line = 3 -

question 81

Multiple Choice

In the least squares regression line = 3 - 2x, the predicted value of y equals:

• A) 1.0 when x = -1.0
• B) 2.0 when x = 1.0
• C) 2.0 when x = -1.0
• D) 1.0 when x = 1.0
• E) 1.0 when x = 2.0

---

Definitions:

Gain

Gain refers to an increase in the value of an investment or asset, resulting in a financial profit when the asset is sold or valued.

Loss

A financial condition in which expenses exceed revenues, resulting in a negative balance.

Accounting Books

Official ledgers or books that record all financial transactions of a business, forming the basis for the company's financial statements.

Accounting Period

A specific time span during which financial activities are recorded and compiled into financial statements, usually a year or a quarter.