Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

If the intercept value of a linear regression model is 40, the slope value is 40, and the value of X is 40, which of

If the intercept value of a linear regression model is 40, the slope value is 40, and the value of X is 40, which of the following is the resulting forecast value using this model? A. 120, B. 1,600 C. 1,640 D. 2,200 E. 64,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Handbook Of Financial Risk Management

Authors: Thierry Roncalli

1st Edition

1138501875, 978-1138501874

More Books

Students also viewed these Finance questions

Question

state what is meant by the term performance management

Answered: 1 week ago