Alan Nip, Market Analyst for Clear Sound Mart, Is Analyzing

question 10

Multiple Choice

Alan Nip, market analyst for Clear Sound Mart, is analyzing the relation between heavy metal CD sales and the size of the teenage population.He gathers data from six sales districts.Alan's dependent variable is annual heavy metal CD sales (in $1,000,000's) , and his independent variable is teenage population (in 1,000's) .Regression analysis of the data yielded the following tables: Alan's regression model can be written as: ___.

• A)y = 7.950352 - 0.48455x
• B)y = -0.48455 + 7.950352x
• C)y = -0.14156 + 0.105195x
• D)y = 0.105195 - 0.14156x
• E)y = 0.105195 + 0.14156x

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Definitions:

Stock Dividend

A dividend payment made by a company to its shareholders in the form of additional shares, rather than cash.

Taxable

Subject to taxation by governmental authorities.

Economic Benefit

The advantage or gain received from resources or actions, typically measured in terms of monetary value.

Exempt

Income, property, or persons not subject to taxation under certain conditions or qualifications.