Your Client's Company Wants to Determine the Relationship Between Its

question 11

Multiple Choice

Your client's company wants to determine the relationship between its monthly operating costs and a potential cost driver. The output of regression analysis showed the following information:
Intercept Coefficient = 89,620
X Variable 1 Coefficient = 62.53
R-square = 0.9852
What is the company's monthly cost equation?

• A) y = $62.53x + $89,620
• B) y = $98.52x + $89,620
• C) y = $89,620x + $62.98
• D) y = $89,620x + $98.52

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Definitions:

Protons

Subatomic particles found in the nucleus of an atom, characterized by a positive electric charge and a significant role in determining the chemical properties of elements.

Atom

The smallest unit of a chemical element, consisting of a nucleus surrounded by electrons.

Electricity

The flow of electrons from a source of higher electrical potential to a source of lower electrical potential through a conductor.

12-Volt Circuit

An electrical pathway that operates at 12 volts, commonly found in automotive electrical systems.