The Keith Corporation Used Regression Analysis to Predict the Annual

question 54

Multiple Choice

The Keith Corporation used regression analysis to predict the annual cost of indirect materials.The results were as follows: Indirect Materials Cost
Explained by Units Froduced
$\begin{array}{lr}\text { Constant } & \$ 19,885 \\\text { Standard error of Y estimate } & \$ 9,560 \\\text { R - squared } & 0.7832 \\\text { No. of observations } & 22 \\\text { Degrees of freedom } & 20 \\& \\\text { X coefficients) } & 3.75 \\\text { Standard error of coefficients) } & 2.5576\end{array}$ The linear cost function is _____.

• A)Y = $19,885 + $3.75X
• B)Y = $9,560 + $2.56X
• C)Y = $9,560 + $3.75X
• D)None of these answers is correct.

---

Definitions:

Power

The ability or capacity to influence or control the behavior of others, often through the possession of knowledge, wealth, or force.

Microaggression

Subtle, indirect, or unintentional discrimination against members of a marginalized group.

Immigrant

An individual who moves to a country from another to live permanently or for an extended period.

Affirmative Action

A policy or a program promoting the representation and participation of minority groups and women in education, employment, and other areas.