Which of the Following Is True of the Intercept,β₀

question 24

Multiple Choice

Which of the following is true of the intercept,β₀?

• A) It is the value of the dependent variable
• B) It is the change in Y for a 1-unit change in X
• C) It is the estimate of X when Y = 0
• D) It is the estimate of Y when X = 0
• E) It is also called the rise over run

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Definitions:

Cash Paid

The total amount of cash disbursed by a business for various purposes, such as operating expenses, purchases, and investments.

Common Shares

A type of equity security that represents ownership in a corporation, entitling holders to vote at shareholders' meetings and to dividends.