If a Simple Linear Regression Model Has No Y-Intercept, Then

question 34

Multiple Choice

If a simple linear regression model has no y-intercept, then which of the following may be deduced about the values of the variables?

• A) All values of x are 0.
• B) All values of y are 0.
• C) When y = 0, x = 0.
• D) When x = 0, y = 0.

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Definitions:

Segmenting

The process of dividing a broad consumer or business market, normally consisting of existing and potential customers, into sub-groups of consumers based on some type of shared characteristics.

Positioning

Repositioning a product or brand means strategizing its place in the market and consumer's mind, often in relation to competitors, through marketing, design, and messaging.

Psychographic

Relating to the study of personality, values, opinions, attitudes, interests, and lifestyles of consumers to segment markets and understand consumer behaviors.

Self-values Map

A graphical representation that showcases the values an individual or a group holds dear, often used in marketing to understand customer motivations.