If the Regression Equation Is: Y = -4

question 36

Multiple Choice

If the regression equation is: Y = -4.2 + 3.6 X,then the expected score for Y when X is 4 would be ____.

• A)-18.6
• B)10.2
• C)18.6
• D)20.2

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Definitions:

Opportunity Cost

The neglect of potential gains that could be obtained from a variety of choices when one is prioritized.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision or choosing to invest in one opportunity over another.

Opportunity Cost

In the process of making a decision, the disadvantage of excluding the immediately better option.

Economics Homework

Assignments given to students to deepen their understanding of economic principles, theories, and models.