The Point at Which the Regression Line Crosses the Y

question 96

Multiple Choice

The point at which the regression line crosses the Y axis is the

• A)slope.
• B)regression coefficient.
• C)predicted value of X .
• D)intercept.

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Definitions:

Accounting Period

A specific period of time in which financial transactions are recorded and financial statements are prepared.

Prepaid Rent Expense

An account representing rent payments made in advance for future periods, which is gradually expensed over the benefit period.

Contra-Asset

An asset account where the balance is expected to be a debit balance but is instead a credit balance, such as accumulated depreciation.

Worksheet

A spreadsheet used by accountants to prepare adjusting entries, financial statements, and to ensure the accounts balance before closing.