Louis Katz,a cost accountant at Papalote Plastics,Inc.(PPI),is analyzing the manufacturing costs of a molded plastic telephone handset produced by PPI.Louis's independent variable is production lot size (in 1,000's of units),and his dependent variable is the total cost of the lot (in $100's).Regression analysis of the data yielded the following tables. Louis's sample size (n)is ________________.
A) 13
B) 14
C) 12
D) 24
E) 1

Question

Louis Katz,a cost accountant at Papalote Plastics,Inc.(PPI),is analyzing the manufacturing costs of a molded plastic telephone handset produced by PPI.Louis's independent variable is production lot size (in 1,000's of units),and his dependent variable is the total cost of the lot (in $100's).Regression analysis of the data yielded the following tables.   Louis's sample size (n)is ________________.
A) 13 
B) 14 
C) 12 
D) 24 
E) 1

Quizplus · Accepted Answer

The Answer of Louis Katz,a cost accountant at Papalote Plastics,Inc.(PPI),is analyzing the manufacturing costs of a molded plastic telephone handset produced by PPI.Louis's independent variable is production lot size (in 1,000's of units),and his dependent variable is the total cost of the lot (in $100's).Regression analysis of the data yielded the following tables.   Louis's sample size (n)is ________________.
A) 13 
B) 14 
C) 12 
D) 24 
E) 1

Louis Katz,a Cost Accountant at Papalote Plastics,Inc