Use the Data Given Below to Answer the Following Question(s)

question 22

Multiple Choice

Use the data given below to answer the following question(s) .
Following is an extract from the database of a construction company.The table shows the height of walls in feet and the cost of raising them.The estimated simple linear regression equation is given as Ŷ = b0 + b1X.(Hint: Use Excel functions) .
$$\begin{array} { | r | r | } \hline \begin{array} { l } \text { Height } \\\text { (ft) }\end{array} & \text { Cost (\$) } \\\hline 4 & 670 \\\hline 3 & 430 \\\hline 7 & 810 \\\hline 9 & 1100 \\\hline 6 & 790 \\\hline 8 & 880 \\\hline 5 & 760 \\\hline 11 & 1200 \\\hline\end{array}$$
-What is the value of the coefficient b₀?

• A)-2.25321
• B)0.010697
• C)254.8371
• D)86.81704

---

Definitions:

Personality

The unique combination of characteristics, behaviors, and emotional patterns that define an individual's distinctive nature.

Internal Locus

Refers to the belief that one has control over the events in their life through their own efforts, decisions, and actions.

Participative Management

A management approach that involves employees in decision-making processes, aiming to increase engagement, satisfaction, and sense of ownership.

Emotional Stability

A personality trait characterized by one's ability to remain calm and composed, especially in stressful situations.