On a regression analysis output generated with Excel, a regression equation's fixed cost component is represented by the
A)x variable 1 coefficient.
B)intercept coefficient.
C)R-square.
D)residual.

Question

Quizplus · Accepted Answer

The intercept coefficient represents the fixed cost component of the regression equation. The x variable 1 coefficient represents the effect of the variable 1 on the dependent variable, the R-square represents the goodness of fit of the regression model, and the residual represents the difference between the observed and predicted values of the dependent variable.

On a Regression Analysis Output Generated with Excel, a Regression