Using the Regression Formula with a Slope =

question 22

Multiple Choice

Using the regression formula with a slope = .704 and an intercept = .719, what would the predicted college GPA be for a student whose current high school GPA = 3.2?

• A)2.69
• B)2.97
• C)3.00
• D)3.20

---

Definitions:

Prepaid Rent

Payments made in advance for rent on a property or space that is to be used in the future, recorded as an asset on the balance sheet until the period to which the payment applies passes.

Sales Revenue

The total income a company generates from selling its goods or services before any costs or expenses are subtracted.

Wage Expense

The total amount spent by a business on salaries and wages for its employees.

Post-Closing Trial Balance

A list of all accounts and their balances after closing entries are made, showing only balance sheet accounts.