Your Boss Wants You to Analyze the Relationship Between the Company's

question 164

Multiple Choice

Your boss wants you to analyze the relationship between the company's monthly operating costs and the current cost driver she has chosen. You run a regression analysis and receive the following information: Intercept Coefficient = 653,434
X Variable 1 Coefficient = 5.76
R-square = 0.3784
What is your company's monthly cost equation?

• A)y = $653,434x + $5.76
• B)y = $0.38x + $653,434
• C)y = $5.76x + $653,434
• D)y = $0.38x + $576

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