A regression equation's fixed cost component is represented by the ________ on the regression analysis output.
A) Intercept coefficient
B) X variable 1 coefficient
C) R-square
D) Residual

Question

Quizplus · Accepted Answer

The intercept coefficient in a regression equation represents the fixed cost component, also known as the y-intercept. The other options (B, C, D) are not related to the fixed cost component.

A Regression Equation's Fixed Cost Component Is Represented by the ________