Question: Weve used linear regression in previous chapters to understand and display fixed and variable costs as it relates to break-even points, and most recently to
Weve used linear regression in previous chapters to understand and display fixed and variable costs as it relates to break-even points, and most recently to forecast demand. The linear programming equation is Y = a + bX. Which of the following is true about what a and b represent?
A. a = the X intercept and b = the Y intercept
B. a = the Y intercept and B = slope of the line
C. a = the Y intercept and B = the X intercept
D. a = slope of the line and B = X intercept
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