The intercept-coefficient in regression analysis yields the fixed cost portion of the total costs.

Name: The intercept-coefficient in regression analysis yields the fixed cost portion of the total costs.
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Quizplus · Accepted Answer

The intercept-coefficient in regression analysis represents the value of the dependent variable when all independent variables are equal to 0. This value is typically interpreted as the fixed cost component of the total costs. Therefore, the statement is true.

The Intercept-Coefficient in Regression Analysis Yields the Fixed Cost Portion