Figure 3-7 The following computer printout estimated overhead costs using regression:
Please find the following statistical table
During the last accounting period 10,000 DLH were worked.
Refer to Figure 3-7. What is the confidence interval for the predicted overhead cost rounded to the nearest whole number for a 90 percent confidence level?
A) predicted value between 140,557 and 140,644
B) predicted value between 140,644 and 140,731
C) predicted value between 87,000 and 130,500
D) none of these

Question

Figure 3-7 The following computer printout estimated overhead costs using regression:
 Please find the following statistical table
 During the last accounting period 10,000 DLH were worked.
Refer to Figure 3-7. What is the confidence interval for the predicted overhead cost rounded to the nearest whole number for a 90 percent confidence level?
A) predicted value between 140,557 and 140,644 
B) predicted value between 140,644 and 140,731 
C) predicted value between 87,000 and 130,500 
D) none of these

Quizplus · Accepted Answer

The Answer of Figure 3-7 The following computer printout estimated overhead costs using regression:
 Please find the following statistical table
 During the last accounting period 10,000 DLH were worked.
Refer to Figure 3-7. What is the confidence interval for the predicted overhead cost rounded to the nearest whole number for a 90 percent confidence level?
A) predicted value between 140,557 and 140,644 
B) predicted value between 140,644 and 140,731 
C) predicted value between 87,000 and 130,500 
D) none of these

Figure 3-7 the Following Computer Printout Estimated Overhead Costs Using