THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 48

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.
-Compute the value of "D."

• A)9.35
• B)3.06
• C)9.82
• D)22.96

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Definitions:

Cross-channel Consumer

A buyer who uses multiple channels or platforms for shopping, including online, in-store, and mobile, to make purchase decisions.

Shops Offline

Physical retail outlets where consumers can buy products in person, as opposed to online shopping.

Online Consumers

Individuals or entities that purchase goods or services via the internet.

Workday Shopping

The activity of purchasing goods or services during the working hours of a typical business day.