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:

Other Expenses

Costs that are not directly tied to production, sales, or main operations, such as interest payments or losses from asset sales.

Spending Variance

The difference between the actual amount spent and the budgeted or planned amount for a particular period or category.

Net Operating Income

Net Operating Income is the total revenue from operations minus operating expenses, excluding taxes and interest. It highlights a company's operational efficiency.

Revenue And Spending Variances

The differences between budgeted and actual figures for revenue and expenditures, used in budgetary control and financial analysis.