Abby Kratz,a Market Specialist at the Market Research Firm of Saez,Sikes,and

question 63

Multiple Choice

Abby Kratz,a market specialist at the market research firm of Saez,Sikes,and Spitz,is analyzing household budget data collected by her firm.Abby's dependent variable is monthly household expenditures on groceries (in $'s) ,and her independent variable is annual household income (in $1,000's) .Regression analysis of the data yielded the following tables. 11ea8a11_bc89_6776_9fff_6fbac6884e88_TB6468_00 Abby's regression model is __________.
A) y = 39.15 + 2.79x
B) y = 39.15 - 1.79x
C) y = 1.79 + 39.15x
D) y = -1.79 + 39.15x
E) y = 39.15 + 1.79xs) ,and her independent variable is annual household income (in $1,000's) .Regression analysis of the data yielded the following tables. Abby's regression model is __________. A) y = 39.15 + 2.79x B) y = 39.15 - 1.79x C) y = 1.79 + 39.15x D) y = -1.79 + 39.15x E) y = 39.15 + 1.79x" class="answers-bank-image d-block" rel="preload" > Abby's regression model is __________.
A) y = 39.15 + 2.79x
B) y = 39.15 - 1.79x
C) y = 1.79 + 39.15x
D) y = -1.79 + 39.15x
E) y = 39.15 + 1.79xs) ,and her independent variable is annual household income (in $1,000's) .Regression analysis of the data yielded the following tables. Abby's regression model is __________. A) y = 39.15 + 2.79x B) y = 39.15 - 1.79x C) y = 1.79 + 39.15x D) y = -1.79 + 39.15x E) y = 39.15 + 1.79x" class="answers-bank-image d-block" rel="preload" > 11ea8a11_bc89_6776_9fff_6fbac6884e88_TB6468_00 Abby's regression model is __________.

• A) y = 39.15 + 2.79x
• B) y = 39.15 - 1.79x
• C) y = 1.79 + 39.15x
• D) y = -1.79 + 39.15x
• E) y = 39.15 + 1.79x

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Definitions:

Shares Outstanding

The total number of shares of a company's stock that are currently owned by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Market Price

The current selling or buying price for an asset or service.

NPV

Net Present Value; a calculation used to determine the present value of an investment's future cash flows minus the initial investment cost.

All Cash Deal

A transaction where the payment for a purchase is made entirely with cash without the use of financing or exchanging stock.