Given the Following Costs and Activities for Dance Company, Use

question 179

Multiple Choice

Given the following costs and activities for Dance Company, use the high-low method to calculate Dance's variable electrical costs per machine hour.​

• A) $2.08
• B) $6.00
• C) $0.60
• D) $1.20

---

Definitions:

Positive Correlation

Positive correlation indicates that as one variable increases, the other variable tends to increase as well, demonstrating a direct relationship between the two variables.

Direct Correlation

A positive correlation where the values of both variables change in the same direction.

Two-tailed Test

A statistical hypothesis test in which the area of rejection is on both ends of the sampling distribution, allowing for the investigation of deviations in two opposite directions.

Prediction

The act of forecasting or estimating future values or outcomes based on current or past data.