You Run a Regression Analysis and Receive the Following Results

question 40

Essay

You run a regression analysis and receive the following results:
$\begin{array}{ll}\hline\text { Multiple R } & .39429 \\\text { R Square } & .15547 \\\text { Adjusted R Square } & .14964 \\\text { Standard Error } & .44416\\\hline\end{array}$

$\text { Analysis of Variance }$
$\begin{array}{lccc}\hline& D F & \text { Sum of Squares } & \text { Mean Square } \\\hline \text { Regression } & 1 & 5.26588 & 5.26588 \\\text { Residual } & 145 & 28.60536 & .19728 \\\hline\end{array}$

$F=26.69262 \quad \text { Signif } F=.0000$

$\begin{array}{lcccc}\hline\text { Variable } & \text { Coefficients } & \text { Standarderror } & t \text { Stat } & P \text {-value } \\\hline \mathrm{X} \text { Variable } 1 & 11.0300 & .021000 & 5.166 & .0000 \\\text { Intercept } & 8833.0700 & .090000 & 9.751 & .0000\end{array}$

Required:
A. What is the fixed cost in this regression analysis?
B. What is the variable cost per unit?
C. Prepare the cost equation based upon these results.
D. Does this regression equation 'fit' the data well? What information did you examine to answer this question?

---

Definitions:

Resistance To Change

Opposition or reluctance to adapt to changes within an organization or environment.

Change Leaders

Individuals who drive, manage, or influence change within an organization, guiding others through the transition process.

Social Networking

The use of internet-based platforms and websites to stay connected with friends, family, and colleagues, as well as to meet new people with similar interests.

Team Building

Activities and exercises designed to enhance social relations and define roles within teams, often involving collaborative tasks to improve team performance and cohesion.