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A Set of X and Y Scores Has a Regression

question 33

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A set of X and Y scores has a regression equation with a slope of b = 4.If the mean for the X values is MX = 2 and the mean for the Y values is MY = 6,what is the Y-intercept value for the regression equation?​


Definitions:

Forward Exchange Rate

The price set today for a currency exchange that will occur at a future date.

Spot Exchange Rate

The current exchange rate at which a currency can be bought or sold for immediate delivery.

Forward Exchange Rate

An agreed-upon exchange rate for a currency transaction that will occur at a future date, used for hedging or speculation in foreign exchange markets.

Future Rate

The anticipated interest rate or currency exchange rate applicable to financial transactions that will occur in the future.

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