In the Regression Equation,what Does the Letter X Represent

question 21

Multiple Choice

In the regression equation,what does the letter X represent?

• A)The Y-intercept
• B)The slope of the line
• C)The independent variable
• D)The dependent variable

---

Definitions:

Demand Curve

A graphical representation showing the relationship between the price of a good and the quantity demanded, usually depicted as downward sloping.

Slopes Downward

Used to describe a graph line that indicates a decrease in one variable as another variable increases, often related to demand curves in economics.

Nondiscriminating Monopolist

A nondiscriminating monopolist refers to a monopolist who charges the same price for each unit of the product sold to all consumers, unlike price discrimination where different prices are charged to different consumers.

Demand Curve

A graph demonstrating how the quantity of a good or service demanded varies with its price, typically downward sloping.