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

question 208

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
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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:

Interpretation Expectation

The anticipation of how a message, action, or result will be perceived and understood by others.

Perceptual Selection

The process by which individuals screen out or modify various stimuli from the environment to make it more manageable and meaningful to them.

Internal Factor

Elements within an organization that can influence its operation and success, such as employees, culture, and internal processes.

Person Perception

The process by which individuals form impressions of others based on information gathered through observation and interaction.