A Regression Equation Was Estimated as = -100

question 49

Multiple Choice

A regression equation was estimated as = -100 + 0.5x.If x = 20,the predicted value of y is _____.

• A) −80
• B) −90
• C) 110
• D) 120

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Definitions:

Fully Informed

A state where individuals have all the necessary information to make well-informed decisions without missing any relevant details.

Making Decisions

The process of selecting a course of action from multiple alternatives, typically involving judgment or reasoning.

Marginal Value

The additional benefit obtained from consuming or producing one more unit of a good or service.

Buffet

A serving system where food is placed in a public area, allowing diners to serve themselves.