Using the results of the least-squares regression analysis,which value estimates total fixed costs?
A)R Square
B)Intercept
C)X Value
D)Multiple R

Name: Using the results of the least-squares regression analysis,which value estimates total fixed costs? A)R Square B)Intercept C)X Value D)Multiple R
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Question

Quizplus · Accepted Answer

The intercept value in a least-squares regression analysis represents the point where the regression line crosses the y-axis when x is zero. In other words, it estimates the total fixed costs of the model.

Using the Results of the Least-Squares Regression Analysis,which Value Estimates