Armer Company Is Accumulating Data to Use in Preparing Its

question 14

Multiple Choice

Armer Company is accumulating data to use in preparing its annual profit plan for the coming year. The cost behavior pattern of the maintenance costs must be determined. The accounting staff has suggested the use of linear regression to derive an equation for maintenance hours and costs. Data regarding the maintenance hours and costs for the last year and the results of the regression analysis follow:The coefficient of determination for Armer's regression equation for the maintenance activities is

• A) 34.469/49.515.
• B) 0.99724.
• C) square root of 0.99724.
• D) (0.99724)².
• E) None of these answer choices are correct.

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Definitions:

Articulates

Describes how bones connect or join with each other, often to form joints that allow for movement and support of the body.

Radius

A bone in the forearm on the lateral side (thumb side), which runs parallel to the ulna and is involved in forearm rotation.

Pectoral Girdle

The skeletal framework in the upper torso that provides attachment for the arms and includes the clavicles and scapulae.

Axial Skeleton

The part of the skeleton that includes the skull, vertebral column, ribs, and sternum.