The Bhaskara Corporation used regression analysis to predict the annual cost of indirect materials. The results were as follows:
What is the linear cost function?
A) Y = $21,890 + $11.75X
B) Y = $4,560 + $5.15X
C) Y = $20,100 + $4.60X
D) None of these answers is correct.
Correct Answer:
Verified
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