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 = $4,560 + $2.1876X
B)y = $4,560 + $11.75X
C)y = $21,890 + $4.56X
D)y = $21,890 + $2.1876X
E)y = $21,890 + $11.75X

Question

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 = $4,560 + $2.1876X 
B)y = $4,560 + $11.75X 
C)y = $21,890 + $4.56X 
D)y = $21,890 + $2.1876X 
E)y = $21,890 + $11.75X

Quizplus · Accepted Answer

The Answer of 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 = $4,560 + $2.1876X 
B)y = $4,560 + $11.75X 
C)y = $21,890 + $4.56X 
D)y = $21,890 + $2.1876X 
E)y = $21,890 + $11.75X

The Bhaskara Corporation Used Regression Analysis to Predict the Annual