Using the Following Information: the Regression Equation Is _______

question 97

Multiple Choice

Using the following information: The regression equation is _______.

• A)Ŷ = 2.1794 - 12.8094 X
• B)Ŷ = -12.80894 + 2.1794X
• C)12.8094 X = 2.1794 Ŷ
• D)X = -12.8094 + 2.1794 Ŷ

---

Definitions:

Cash Purchase

This term refers to a transaction where goods or services are bought and paid for with cash or cash equivalent immediately at the point of sale.

Supplies Recorded

This refers to the accounting practice of recognizing and recording office or operational supplies as expenses when they are used.

Cash Receipts Journal

A specialized accounting journal used to record all cash inflows or receipts of the business.

Cash Withdrawn

Funds taken out from a business by the owner(s) for personal use, which can affect the owner's equity account.