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. The hypothesis tests of the cost parameters indicate(s) that
A) the slope is significantly different from zero.
B) the intercept is significantly different from zero.
C) both the slope and intercept are not significant.
D) both the slope and intercept are significant.

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. The hypothesis tests of the cost parameters indicate(s) that
A) the slope is significantly different from zero. 
B) the intercept is significantly different from zero. 
C) both the slope and intercept are not significant. 
D) both the slope and intercept are significant.

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. The hypothesis tests of the cost parameters indicate(s) that
A) the slope is significantly different from zero. 
B) the intercept is significantly different from zero. 
C) both the slope and intercept are not significant. 
D) both the slope and intercept are significant.

Figure 3-7 The Following Computer Printout Estimated Overhead Costs Using Regression