Star,Incused Excel to Run a Least-Squares Regression Analysis,which Resulted in the Following

question 51

Multiple Choice

Star,Inc.used Excel to run a least-squares regression analysis,which resulted in the following output: What is Star's formula for estimating costs?

• A)Total cost = $175,003 + ($11.57 × Production)
• B)Total cost = $61,603 + ($0.92 × Production)
• C)Total cost = $175,003 + ($61,603 × Production)
• D)Total cost = $11.57 + ($0.9213 × Production)

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