If the Regression Line Showing the Effect of Education on Income

question 18

Multiple Choice

If the regression line showing the effect of education on income has a slope of 1000,

• A)the variables are not related.
• B)every year of education increases income by 1000.
• C)every change in education increases income.
• D)the Y intercept would be 1.00.

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Treasury Bills are short-term U.S. government debt obligations backed by the Treasury Department with a maturity of one year or less.

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Money or financial instruments that can be easily converted to cash without significant loss in value.

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A financial instrument such as stocks, bonds, or any tradable financial asset that is bought and sold in a financial market.

T-Bill

Short-term debt obligations issued by the U.S. Treasury with maturities of one year or less, serving as a low-risk investment.