Which of the Following Is a Positive Statement

question 232

Multiple Choice

Which of the following is a positive statement?

• A) Low rents decrease the amount of housing landlords make available for rent.
• B) Low rents are good because they make apartments more affordable.
• C) Housing costs too much.
• D) Owners of apartment buildings ought to be free to charge whatever rent they want.

---

Definitions:

Standard Error

The standard deviation of the sampling distribution of a statistic, most commonly the mean.

Regression Slope

Indicates the steepness and direction of the linear relationship between two variables on a regression plot.

Variance

A calculation of how spread out a data set is, determined by the mean of the squared deviations from the average.

Least Squares Estimates

A statistical method used to determine the line of best fit by minimizing the sum of squares of the errors between observed and predicted values.