Exhibit 12-1
the Following Information Regarding a Dependent Variable Y) $\begin{array} { l l } Y&X\\4&2\\3&1\\4&4\\6&3\\8&5\end{array}$

question 53

Multiple Choice

Exhibit 12-1
The following information regarding a dependent variable Y) and an independent variable X) is provided.
$\begin{array} { l l } Y&X\\4&2\\3&1\\4&4\\6&3\\8&5\end{array}$ SSE = 6
SST = 16
-Refer to Exhibit 12-1. The least squares estimate of the Y intercept is

• A) 1
• B) 2
• C) 3
• D) 4

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Definitions:

Acquisition Method

An accounting approach used for consolidating the financial statements of a parent company and its subsidiaries.

Voting Common Shares

Shares of common stock that provide the shareholder with the right to vote on corporate matters.

Net Income

The total profit of a company after all revenues, costs, and expenses have been deducted, also known as the bottom line.