Exhibit 12-6 You Are Given the Following Information About Y and X

question 11

Multiple Choice

Exhibit 12-6
You are given the following information about y and x.

-Refer to Exhibit 12-6. The least squares estimate of b₁ equals

• A)1
• B)-1
• C)-11
• D)11

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Definitions:

White Supremacy

A racist ideology based on the belief that white people are superior to those of all other races and should therefore dominate society.

Royal Africa Company

A British chartered company, founded in 1660, involved in the Atlantic slave trade, it held a monopoly on English trade with West Africa.

Indentured Servitude

A labor system where individuals worked for a fixed term of servitude in exchange for transportation, food, clothing, lodging, and other necessities.

Legal Status

An individual's or entity's standing under the law, determining their rights, responsibilities, and jurisdiction.