Multiple Choice
Use the following to answer questions :
The following table lists the monthly incomes (in hundreds of dollars) and the monthly rents paid (in hundreds of dollars) by a sample of six families.
-Suppose we have information on the monthly incomes and the monthly rents paid by a sample of families.In the regression of monthly rent paid on the monthly income for these data,the value of a will represent:
A) the point where this regression line will intersect the y-axis
B) the point where this regression line will intersect the x-axis
C) an increase in the monthly rent paid by a family due to a $100 increase in income
D) an increase in the income of a family due to a $100 increase in the monthly rent
Correct Answer:

Verified
Correct Answer:
Verified
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