The slope of the line of regression is the:
A)rate at which the dependent variable varies
B)rate at which the independent variable varies
C)level of total fixed costs
D)level of total variable costs

Question

Quizplus · Accepted Answer

The slope of the line of regression represents the rate at which the dependent variable (y) changes with respect to the independent variable (x). It can also be described as the amount of change in y for every unit change in x. Therefore, option A is correct. The other options are not directly related to the slope of the line of regression.

The Slope of the Line of Regression Is The