Barter Is

question 207

Multiple Choice

Barter is

• A) a reciprocity agreement stipulating that if company A purchases services from company B, then company B must purchase similar services from company A.
• B) a tying agreement stipulating that if company A purchases a product from company B, it must also purchase one of its services.
• C) the practice of exchanging products and services for other products and services rather than for money.
• D) the practice of exchanging services for products of equal or greater value.
• E) the practice of exchanging products and services for money.

---

Definitions:

Least-squares Regression Line

A straight line that best models the relationship between a dependent and independent variable by minimizing the sum of the squares of the vertical distances of the points from the line.

MPG

Miles Per Gallon, a measure of fuel efficiency used in the United States to indicate how many miles a vehicle can travel per gallon of fuel.

Linear Model

A mathematical model that assumes a linear relationship between the input variables (x) and a single output variable (y), where y can be calculated from a linear combination of the input variables.

Scatter Plot

A graphical representation that displays the relationship between two quantitative variables by using dots.