Question: Q 1 Choose the correct answer. For practical questions, justify your answers ( 5 marks ) : The regression equation is derived as: Y =

Q1 Choose the correct answer. For practical questions, justify your answers (5 marks):
The regression equation is derived as: Y=4+x. Then, the value of profit when Revent
million is:
A.0
B.9 million
C.10 million
D.11 million
Given forecast errors of 5,0,-4, and 3, what is the MAD?
A.4
B.3
C.2.5
D.2
 Q1 Choose the correct answer. For practical questions, justify your answers

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