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Basic Question 4 of 15
If you run linear regression on a set x-y data and obtain the results shown below then the predicted y-value for x = 60 is ______.
B. 51.01
C. 124.81
A. 58.92
B. 51.01
C. 124.81
User Contributed Comments 1
| User | Comment |
|---|---|
| charomano | Just to confirm the value of the y-intercept: b = Yave + a*Xave = 58.92 - (-1.23)(53.57) = 124.81 |
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Learning Outcome Statements
describe a simple linear regression model, how the least squares criterion is used to estimate regression coefficients, and the interpretation of these coefficients
CFA® 2024 Level I Curriculum, Volume 1, Module 10.