Exhibit 12-1 a Regression Analysis Resulted in the Following Information Regarding a Regarding

question 77

Multiple Choice

Exhibit 12-1
A regression analysis resulted in the following information regarding a dependent variable (y) and an independent variable (x) .

-Refer to Exhibit 12-1. The point estimate of y when x  20 is

• A)0
• B)31
• C)9
• D)-9

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Definitions:

Financial Statement

A summary report that comprehensively shows a company's financial performance and position at a specific point in time, including the balance sheet, income statement, and cash flow statement.

Statement of Operations

A financial report detailing a company's revenues, expenses, and profits over a specific period, also known as an income statement.

Revenues

Income earned from normal business operations and other activities, often reflected at the top of an income statement.

Financing Activities

Transactions and events where a business either raises funds from financial markets or repays funds previously raised; includes issuance or repurchase of equity and debt.