In the Simple Linear Regression Analysis Equation, Y = a

question 57

Multiple Choice

In the simple linear regression analysis equation, Y = a + bx, b represents

• A) the slope of the line.
• B) expected sales.
• C) the constant.
• D) the factor on which sales are dependent.

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Definitions:

Risk

The exposure to the potential of loss or harm when the outcome of an action or event is uncertain.

Tabular Analysis

The use of tables to systematically organize and evaluate data or information for the purpose of analysis or decision making.

Alternatives

Different options or courses of action available for consideration in decision-making processes.