Use Computer Software to Find the Best Multiple Regression Equation $\mathrm { X } _ { 1 } , \mathrm { X } _ { 2 } , \mathrm { X } _ { 3 }$

question 125

Multiple Choice

Use computer software to find the best multiple regression equation to explain the variation in the dependent variable, Y, in terms of the independent variables, $\mathrm { X } _ { 1 } , \mathrm { X } _ { 2 } , \mathrm { X } _ { 3 }$
- $\begin{array} { c c c c c } \mathrm { Y } & \mathrm { X } _ { 1 } & \mathrm { X } _ { 2 } & \mathrm { X } _ { 3 } & \\344 & 45.0 & 67.5 & 1 & \text { CORRELATION COEFFICIENTS } \\416 & 54.0 & 72.0 & 1 & \mathrm { Y } / \mathrm { X } _ { 1 } = 0.951 \\220 & 41.0 & 70.0 & 2 & \mathrm { Y } / \mathrm { X } _ { 2 } = 0.789 \\360 & 49.0 & 68.5 & 1 & \mathrm { Y } / \mathrm { X } _ { 3 } = - 0.616 \\332 & 44.0 & 73.0 & 1 & \\140 & 32.0 & 63.0 & 2 & \mathrm { Y } \\436 & 48.0 & 72.0 & 1 & \mathrm { COEFFICIENTS } \mathrm { OF } \mathrm { DETERMINATION } \\132 & 33.0 & 61.0 & 2 & \mathrm { X } _ { 1 } = 0.905 \\356 & 48.0 & 64.0 & 2 & \mathrm { Y } _ { 1 } , \mathrm { X } _ { 2 } = 0.919 \\150 & 35.0 & 59.0 & 1 & \mathrm { X } _ { 1 } , \mathrm { X } _ { 2 } , \mathrm { X } _ { 3 } = 0.927 \\202 & 40.0 & 63.0 & 2 & \\365 & 50.0 & 70.5 & 1 &\end{array}$

• A) \(\hat { \mathrm { Y } } = - 442 + 12.1 \mathrm { X } _ { 1 } + 3.58 \mathrm { X } _ { 2 } - 23.8 \mathrm { X } _ { 3 }\)
• B) \(\hat { \mathrm { Y } } = - 543 + 12.8 \mathrm { X } _ { 1 } + 4.15 \mathrm { X } _ { 2 }\)
• C) \(\hat { \mathrm { Y } } = - 412 + 13.6 \mathrm { X } _ { 1 } + 3.15 \mathrm { X } _ { 2 }\)
• D) \(\hat { \mathrm { Y } } = - 355 + 14.9 \mathrm { X } _ { 1 }\)

Identify underapplied or overapplied manufacturing overhead.

Determine the ending balance in the Finished Goods inventory account.

Calculate the direct materials cost.

Calculate the direct labor cost.

---

Definitions:

Memory Development

The process by which the capacity for storing and retrieving information evolves across the lifespan.

Early Childhood

A developmental period from birth to around 8 years old, marked by rapid physical, cognitive, and emotional growth.

Cognitive Development

The process of growth and change in intellectual capabilities such as thinking, reasoning, and understanding across the lifespan.

Language

A system of symbols, sounds, and rules used for communication among humans, which can be verbal, written, or gestured.