The Bhaskara Corporation Used Regression Analysis to Predict the Annual

question 126

Multiple Choice

The Bhaskara Corporation used regression analysis to predict the annual cost of indirect materials.The results were as follows: What is the linear cost function?

• A)y = $4,560 + $2.1876X
• B)y = $4,560 + $11.75X
• C)y = $21,890 + $4.56X
• D)y = $21,890 + $2.1876X
• E)y = $21,890 + $11.75X

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Definitions:

Interpretation

The act or process of explaining the meaning of something, such as a text, data, or event, especially within a specific context.

Sociological Researcher

A professional who undertakes systematic study of society and social behavior by examining the groups, cultures, organizations, social institutions, and processes that people develop.

Independent Variable

In research, a variable that is manipulated or changed to observe its effect on a dependent variable.

Dependent Variable

Is the presumed effect in a cause-and-effect relationship.