Which Statement Is Not True About the Constant B in the Bivariate

question 24

Multiple Choice

Which statement is not true about the constant b in the bivariate regression equation = a+bX_i?

• A) It is usually referred to as the non-standardized regression coefficient
• B) It indicates the expected change in Y when X is changed by one unit
• C) It is the intercept of the regression line
• D) It indicates the value of X when Y is zero
• E) It may be computed as b=COV_xy/S_x²

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Definitions:

Secretly Raising

Covertly increasing the level, amount, or degree of something, often done without public or open acknowledgment.

Cartel Arrangements

Agreements among competing firms to control prices, limit production, or divide markets, often to increase profits at the expense of consumers.

Secret Price Reductions

The practice of offering discounts or lower prices to select customers or within certain channels without publicizing these reductions broadly.

Oligopolistic Market

A market structure characterized by a small number of firms that have significant control over market prices and competition.