The Paired Data Below Consists of Test Scores and Hours $\mathrm { y } = 44.8447 + 3.52427 \mathrm { x }$

question 3

Multiple Choice

The paired data below consists of test scores and hours of preparation for 5 randomly selected students. The equation of the regression line is $\mathrm { y } = 44.8447 + 3.52427 \mathrm { x }$ . Find the unexplained variation.
$\begin{array}{c|rrrrr}\mathrm{x} \text { Hours of preparation } & 5 & 2 & 9 & 6 & 10 \\\hline \mathrm{y} \text { Test score } & 64 & 48 & 72 & 73 & 80\end{array}$

• A) \(96.103\)
• B) \(599.2\)
• C) \(511.724\)
• D) \(87.4757\)

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Definitions:

Job-Order Costing

A costing method used to determine the costs associated with manufacturing products individually or in batches, tracking the direct materials, direct labor, and manufacturing overhead per job.

Process Costing

It's an accounting methodology utilized in manufacturing where costs are assigned to products based on the processes they go through, often used for homogeneous items.

Work in Process

This refers to the portion of manufactured goods that are not yet completed in the production process.

Manufacturing Overhead

All indirect costs associated with the production process, excluding direct materials and direct labor.