Burmer Co. has accumulated data to use in preparing its annual profit plan for the upcoming year. The cost behavior pattern of the maintenance costs must be determined. Data regarding the machine hours and maintenance costs for the last year and the results of the regression analysis are as follows:
A staff assistant has run regression analyses on the data and obtained the following output using Excel:
REGRESSION ANALYSIS
Y (Dependent) Variable: Maintenance Cost
X (Independent) Variable: Maintenance Hours
The Lower 95% and Upper 95% shown in the output suggests that:
Definitions:
M Phase
That part of the cell cycle in which mitosis and cytokinesis occur.
Cytokinesis
The process during cell division in which the cytoplasm of a single eukaryotic cell is divided into two daughter cells.
Meiosis I
The first meiotic division; consists of prophase I, metaphase I, anaphase I, and telophase I; see meiosis.
Meiosis II
The second meiotic division; follows interkinesis and consists of prophase II, metaphase II, anaphase II, and telophase II; see meiosis.
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