Suppose your lead analyst runs a simple regression of Profits (Y) on price (X). You know that the average profit in the sample was $1,000 and the average price was $25. If your analyst reports that the intercept from the simple regression is 900, what can you infer about the estimated slope?
A. The estimated slope is -4.
B. The estimated slope is 4.
C. The estimated slope is 2.
D. None of these choices are correct.
Answer: B
You might also like to view...
Thermococcus litoralis and Thermus aquaticus are thermophilic bacteria that are
A. used as cloning vectors. B. genetically engineered bacteria. C. sources of heat-stable DNA polymerases. D. principal sources of restriction endonucleases.
What is incorrect about the ostrich?
a. It weighs over 300 pounds. b. It is featherless. c. It is flightless. d. It has a four-chambered heart. e. It is a runner.
The simplest unit of matter that still retains the properties of an element is a(n) _______.
A. atom B. compound C. cell D. electron
For each glucose molecule that enters glycolysis, how many times does the Krebs cycle turn?
A. One B. Two C. Three D. Four