In Linear Regression, the Intercept Is 7

question 54

Multiple Choice

In linear regression, the intercept is 7.2 and the slope is 0.64.Calculate the number of claims in projected year 7.

• A)7.84
• B)14.84
• C)11.68
• D)51.04
• E)11.608

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Definitions:

Equity

Represents the value of an owner's interest in a property or business, calculated as the difference between assets and liabilities.

Capital Acquisitions Ratio

A measure of a company's financial ability to sustain its investment activities.

Operating Activities

Activities that relate directly to the business’s primary operations, such as selling goods and services, as opposed to investing or financing activities.

Statement Of Cash Flows

A financial report that provides aggregate data regarding all cash inflows and outflows a company receives from its operational, investing, and financing activities.