Use the Regression Output Below to Answer the Following Questions $( X ) =$

question 21

Essay

Use the regression output below to answer the following questions.
Lingar Reperaidion Anthyis: Dep Var $( X ) =$ Weight
$X = \{ A$ Ee, Gender, Heifht, MBA, $Y$ ear $\}$
$\begin{array}{||c|c|c|c|c|c|}\hline \text { Coefficients } & \boldsymbol{b} & \begin{array}{c}\text { Std. } \\\text { Error }\end{array} & \begin{array}{c}\text { Std. } \\\text { Beta }\end{array} & \begin{array}{c}\boldsymbol{t} \text {-test } \\\text { Statistic }\end{array} & \begin{array}{c}\boldsymbol{p} \text {-value } \\\text { Two Tailed }\end{array} \\\hline \text { Intercept } & -210.603 & 20.560 & & -10.243 & 0.0000 \\\hline \text { Age } & 0.660 & 0.279 & 0.101 & 2.363 & 0.0186 \\\hline \text { Gender } & 17.449 & 2.450 & 0.267 & 7.122 & 0.0000 \\\hline \text { Height } & 4.999 & 0.294 & 0.613 & 16.982 & 0.0000 \\\hline \text { MBA } & -3.122 & 3.063 & -0.043 & -1.019 & 0.3087 \\\hline \text { Year } & -0.111 & 0.507 & -0.006 & -0.218 & 0.8274 \\\hline\end{array}$
$\begin{array}{|c|c|c|c|c|}\hline \boldsymbol{r} & \boldsymbol{r}^{2} & \text { Adj. } \boldsymbol{r}^{2} & \mathrm{SE}(\mathrm{Reg}) & \boldsymbol{h} \\\hline 0.834 & 0.696 & 0.693 & 17.879 & 448 \\\hline \hline\end{array}$
$\begin{array}{|c|c|c|c|c|c|}\hline \begin{array}{c}\text { Source of } \\\text { Variation }\end{array} & \begin{array}{c}\text { Sum of } \\\text { Squares }\end{array} & \boldsymbol{d f} & \begin{array}{c}\text { Mean } \\\text { Squares }\end{array} & \begin{array}{c}\text { F-test } \\\text { Statistic }\end{array} & \begin{array}{c}\boldsymbol{p} \text {-value } \\\text { One Tailed }\end{array} \\\hline \text { Regression } & 323592.24 & 5 & 64718.4 & 202.471 & 0.0000 \\\hline \text { Error } & 141282.23 & 442 & 319.643 & & \\\hline \text { Total } & 464874.47 & 447 & & & \\\hline\end{array}$


-Based on the regression printout,what would be the predicted (mean)weight of a female,20 years old,68 inches tall,without an MBA,and in Year 1.

Understand how market mechanisms naturally move towards equilibrium.

Appreciate the distinction between supply (demand) and quantity supplied (demanded).

Examine the effects of simultaneous changes in demand and cost factors on market equilibrium.

Understand how to edit and update company information in QuickBooks.

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Definitions:

Activity-Based Costing

A costing methodology that assigns overhead and indirect costs to related products and services based on their usage.

Selling Price

The price at which a product or service is offered to the buyer.

Direct Labor Cost

The total cost of all labor directly involved in the production of goods or services.

Activity-Based Costing

A financial allocation practice that designates overhead and indirect costs to related products and services, determined by the activities they necessitate.