A Regression Equation Was Estimated as = 155 -

question 61

Multiple Choice

A regression equation was estimated as = 155 - 34x₁ - 12x_2.If x₁ = 3 and x₂ = 2,the predicted value of y would be _____.

• A) 29
• B) 77
• C) 233
• D) 281

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Definitions:

Cash Flows

The inflows and outflows of cash and cash equivalents, representing the operating, investing, and financing activities of a business.

Operating Activities

Transactions and events related to the primary activities of a business, such as selling products or services, that affect the operational cash flow.

Cash Flow Statement

A financial statement that provides aggregate data regarding all cash inflows and outflows a company receives from its ongoing operations, investment, and financial activities.

Profit Margin

Profit Margin is a financial metric that measures the amount of profit a business makes per dollar of revenue, indicating efficiency in controlling costs.