Exhibit 14-1 a Regression Analysis Resulted in the Following Information Regarding a Regarding

question 65

Multiple Choice

Exhibit 14-1
A regression analysis resulted in the following information regarding a dependent variable (y) and an independent variable (x) .
-Refer to Exhibit 14-1. The least squares estimate of b₀ equals

• A)1
• B)-1
• C)5.5
• D)11

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Definitions:

Frequency Distribution

A summary of how often different values occur within a dataset, often represented in a table or graph.

Interval Data

Interval data is a type of quantitative data where the intervals between values are meaningful, but there is no true zero point, allowing for the measurement of differences but not relative sizes or ratios.

Series

The sum of a sequence of terms in a specific order, often related to mathematical or statistical analysis.

Relative Frequency

The proportion of times a certain value or category appears in a dataset relative to the total number of observations.