A Set of X and Y Scores Has a Regression

question 33

Multiple Choice

A set of X and Y scores has a regression equation with a slope of b = 4.If the mean for the X values is M_X = 2 and the mean for the Y values is M_Y = 6,what is the Y-intercept value for the regression equation?​

• A)​-2
• B)​-22
• C)​4
• D)​-4

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Definitions:

Supervisor's Salary

The amount paid to the individual overseeing and managing a group of employees or a particular department within a company.

Net Operating Income

Net operating income reflects the profit a company makes from its operations, exclusive of taxes and interest.

Variable Costs

are expenses that change in proportion to the activity of a business, such as raw material costs, which increase with the level of production.

Direct Labor

Factory labor costs that can be easily traced to individual units of product. Also called touch labor.