Consider the Following Partial Computer Output from a Simple Linear

question 139

Essay

Consider the following partial computer output from a simple linear regression analysis: $$\begin{array} { l l c c c } \text { Predictor } & \text { Coef } & \text { SE Coef } & \mathrm { T } & \mathrm { P } \\\text { Constant } & 5566.1 & 254.0 & 21.91 & 0.000 \\\text { Independent Var } & - 210.35 & 24.19 & - &\end{array}$$ S = _________ R-Sq =
Analysis of Variance $\begin{array}{lccrcc}\text { Source } & \text { DF } & \text { SS } & \text { MS } & \text { F } & \text { P } \\\text { Regression } & 1 & 3963719 & 3963719 & 75.59 & 0.000 \\\text { Residual Error } & 14 &\_\_\_ & 52439 & &\\\text { Total }&15&\_\_\_\end{array}$
-What is the total variation?

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Definitions:

Break-even Point

The break-even point is the level of production or sales at which total revenues equal total costs, resulting in no profit or loss.

Break-even

The point at which total revenues and total expenses are equal, resulting in no net loss or gain.

Monthly Dollar Sales

The total sales revenue earned by a business within a month, measured in dollars.

Variable Expenses

Costs that change in proportion to the activity of a business, such as sales or production levels.