Figure 3-12

question 47

Multiple Choice

Figure 3-12. The method of least squares was used to develop a cost equation to predict the cost of monthly equipment maintenance.The following computer output was received:
The driver used was the number of machine hours.
Refer to Figure 3-12.What is the independent variable of the cost formula for equipment maintenance?

• A)number of machine hours
• B)the variable rate
• C)the fixed cost
• D)the total cost

---

Definitions:

Clean Energy Technologies

Innovations focused on generating energy through environmentally friendly and renewable resources.

Conventional Thermal Energy

Conventional thermal energy refers to the energy produced by traditional methods of generating heat and power, such as burning fossil fuels, as opposed to renewable energy sources.

Short-termism

An excessive focus on short-term results, even at the expense of long-term interests and objectives.

Capitalistic System

The capitalistic system is an economic system characterized by private ownership of the means of production, creation of goods and services for profit, and market-based allocation of resources.