THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 122

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The manager of a used-car dealership is very interested in the resale price of used cars.The manager feels that the age of the car is important in determining the resale value.He collects data on the age and resale value of 15 cars and runs a regression analysis with the value of the car (in thousands of dollars) as the dependent variable and the age of the car (in years) as the independent variable.Unfortunately,the printout had lost some of the results,identified by"A" through"F".The partial results left are displayed below.
-What is the value of "C"?

• A)172.25
• B)162.42
• C)140.03
• D)182.99

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Definitions:

Incidental Beneficiary

A third party who benefits from a contract between two other parties, but has no rights to enforce the terms of the contract or claim damages for its breach.

Corporate Beneficiary

An entity that is designated to receive benefits or proceeds from a legal instrument, such as a trust, will, or insurance policy, in a corporate context.

International Beneficiary

An individual or entity in a different country designated to receive benefits or assets from a legal arrangement or instrument.

Outstanding Mortgage

The remaining balance of a mortgage that is still owed by the borrower to the lender.