The Following Results Were Obtained from a Simple Regression Analysis $$\hat { y }$$

question 81

Multiple Choice

The following results were obtained from a simple regression analysis: $$\hat { y }$$ = 37.2895 - 1.2024x, r2 = 0.6744, $$s _ { b _ { 1 } }$$ = 0.2934
-For each unit change in x,the estimated change in the mean of y is equal to:

• A)36.0871
• B)0.6774
• C)37.2895
• D)0.2934
• E)-1.2024

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Definitions:

Operating Activities

Business activities related to the company's principal revenue-generating operations, including production, sales, and distribution.

Net Income

The total earnings of a company after subtracting all expenses, including taxes and operating costs, from its total revenues.

Indirect Method

A method used in cash flow statement preparation that starts with net income and adjusts for non-cash transactions to reflect the cash inflows and outflows from operating activities.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from total revenue.