Answer:
intercept=b0=75
Step-by-step explanation:
The least squares estimate of the intercept b0 can be computed as
b0=ybar-b1*xbar.
ybar=average number of shares of company stock=525.
xbar= average number of years employed=22.5.
slope=b1=20.
Thus,
intercept=b0=ybar-b1*xbar
intercept=b0=525-20*22.5
intercept=b0=525-450
intercept=b0=75.
Thus, the estimate of intercept b0=75.
Answer:
Distributive Property : <em><u>a(b+c)= ab+ac</u></em>
<h3><u>(35-28x)</u> is the right answer.</h3>
The only point which is a solution is C
