Louis Tang, a Cost Accountant at Prime Plastics, Inc

question 65

Multiple Choice

Louis Tang, a cost accountant at Prime Plastics, Inc.(PPI) , is analyzing the manufacturing costs of a moulded plastic telephone handset produced by PPI.Louis's independent variable is production lot size (in 1,000's of units) , and his dependent variable is the total cost of the lot (in $100's) .Regression analysis of the data yielded the following tables: Louis's regression model is ___.

• A)y = -0.358 + 3.996x
• B)y = 0.358 + 3.996x
• C)y = -3.996 + 0.358x
• D)y = 3.996 - 0.358x
• E)y = 3.996 + 0.358x

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Definitions:

Punitive Damages

Monetary compensation awarded to an aggrieved party, beyond actual damages, intended to punish the defendant and deter similar conduct.

Dog Running Free

The act of a dog moving freely in a public or private space without being restrained by a leash or confined area.

Res Ipsa Loquitur

is a legal doctrine that allows for the assumption of negligence in cases where the accident that occurred is of a type that usually doesn't happen without negligence.

Plaintiff

The party who initiates a lawsuit before a court against another party, known as the defendant.