The Following Data Have Been Collected for a Simple Linear

question 98

Multiple Choice

The following data have been collected for a simple linear regression analysis: In applying the least squares criterion, the slope (b) and the intercept (a) for the best-fitting line are b = 1.4 and a = .2.Compute the value of r² here.

• A).65
• B).23
• C).58
• D).36
• E).70

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Definitions:

Futures Contract

A standardized legal agreement to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future.

Futures Contract

A standardized legal agreement to buy or sell something at a predetermined price at a specified future date.

Wilshire 5000

A metric assessing the performance of all equity securities based in the U.S. for which price information is easily accessible.

DJIA

Stands for Dow Jones Industrial Average, which is a stock market index that measures the stock performance of 30 large companies listed on stock exchanges in the United States.