On the Least Squares Regression Line Estimated Y= 2 -

question 196

Multiple Choice

On the least squares regression line Estimated y= 2 - 3x, the predicted value of y equals:

• A)-1.0 when x = -1.0.
• B)1.0 when x = 1.0.
• C)5.0 when x = -1.0.
• D)5.0 when x = 1.0.

---

Definitions:

Holder in Due Course

A term in commercial law referring to a party who has received a negotiable instrument in a legitimate manner for value, without notice of any defects in the instrument or claims against it.

Immediate Party

A term not commonly used in a specific legal definition, but generally refers to parties directly involved in a legal transaction or matter.

Bad Faith

Deliberate deceit or a refusal to fulfill one's obligations or agreements, often implying a dishonest intent.

Sale of Goods Act

refers to a statutory framework that regulates the sale and purchase of goods, setting out the rights and duties of both buyers and sellers.