When I Want to Make a Prediction but Don't Have

question 41

Multiple Choice

When I want to make a prediction but don't have the value of X on which to base that prediction, my best estimate is

• A) the value that I calculate with a regression equation.
• B) the smallest value of Y.
• C) the mean of Y .
• D) There is no good prediction.

---

Definitions:

Cryptocurrency

Digital or virtual currency that uses cryptography for security, operating independently of a central bank.

Cryptography

The practice and study of techniques for secure communication in the presence of third parties by converting information into a code to prevent unauthorized access.

Money Order

A money order is a payment order for a pre-specified amount of money, serving as a method of transferring or sending money safely where the use of checks or cash is not possible or advised.

Negotiable Instrument

A written document guaranteeing the payment of a specific amount of money to a specified person or the bearer, under certain conditions.