Exhibit 14-9 A Regression and Correlation Analysis Resulted in the Following Information

question 34

Multiple Choice

Exhibit 14-9
A regression and correlation analysis resulted in the following information regarding a dependent variable (y) and an independent variable (x) .
-Refer to Exhibit 14-9. The least squares estimate of b₁ equals

• A)0.923
• B)1.991
• C)-1.991
• D)-0.923

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Definitions:

Attitude

A mental inclination characterized by the assessment of a specific entity in a manner that reflects either partiality or aversion.

Ability

The possession of the means or skill to perform a task or achieve an outcome, often acquired through practice or learning.

Self-Serving Bias

The common human tendency to attribute one's successes to personal factors while attributing failures to factors beyond one's control.

Fundamental Attribution Error

A cognitive bias where people tend to attribute others' actions to their character or disposition while underestimating situational factors.