The slope of a regression line is determined by dividing the change in activity level by the change in total cost.

Name: The slope of a regression line is determined by dividing the change in activity level by the change in total cost.
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Question

Quizplus · Accepted Answer

The slope of a regression line, in the context of a simple linear regression, is determined by dividing the covariance of the two variables by the variance of the independent variable, not by dividing the change in activity level by the change in total cost.

The Slope of a Regression Line Is Determined by Dividing