What Are the Intercept and the Slope Computed on the Basis

question 40

Multiple Choice

What are the intercept and the slope computed on the basis of in regression analysis?

• A)parsimony
• B)the least squares' criterion
• C)the most squares' criterion
• D)the size of the coefficients
• E)none of the above; the intercept and slope are not computed in regression analysis

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Definitions:

Distribution

The process of making a product or service available for the consumer or business user who needs it.

Correlation

A statistical measure that indicates the extent to which two or more variables fluctuate together.

Effective Visuals

Visually appealing and informative graphic elements such as charts, graphs, and images used to enhance understanding and retention of information.

Quarterly Sales

The total revenue or units sold by a company in a three-month period.