If an Estimated Regression Line Has a Y-Intercept of 10

question 69

Multiple Choice

If an estimated regression line has a y-intercept of 10 and a slope of 4, then when x = 2 what is the actual value of y?

• A) 18
• B) 15
• C) 14
• D) y is unknown

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Definitions:

Transfer Payments

Financial payments made by governments that do not require an exchange of goods or services in return.

Money Market Fund

A type of mutual fund that invests in short-term, high-quality debt securities, offering investors liquidity and a low risk of loss.

Transfer Payments

Payments made by governments to individuals without any corresponding service or good being provided in return.

Property Income

Income earned from the ownership of assets like land, real estate, or stocks, often taking the form of rent, dividends, or interest.