Provide an Appropriate Response

question 77

Multiple Choice

Provide an appropriate response.
-Find the least squares line for the following data:

• A) y = -0.3x + 1.2
• B) y = 0.3x - 1.2
• C) y = -0.13x - 1.2
• D) y = 0.13x - 1.2

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Definitions:

Subprime Mortgages

Loans granted to borrowers with lower credit scores and a higher risk of default than prime borrowers, usually at higher interest rates.

Credit Crisis

A financial situation characterized by a severe shortage of credit or loans, leading to widespread financial instability and economic downturn.

Junk Bonds

High-risk, high-yield bonds issued by companies with lower credit ratings than investment-grade bonds.

Speculative

Involving financial actions that carry a significant risk of losing all value but also hold the promise of substantial gains.