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The Y-Intercept of the Least Squares Line Is the Point

question 136

Short Answer

The y-intercept of the least squares line is the point on the line when ________________ = 0.


Definitions:

Fixed Asset

Long-term tangible property, plant, or equipment that a firm owns and uses in its operations to generate income.

Book Value

The cost of a fixed asset minus accumulated depreciation on the asset.

Unearned Rent

Revenue received by a landlord for rent that has not yet been earned because the rental period has not occurred.

Net Income

The net income of a business once all costs and taxes are subtracted from the total earnings.

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