The Perize Corporation Used Regression Analysis to Predict the Annual

question 119

Multiple Choice

The Perize Corporation used regression analysis to predict the annual cost of indirect materials.The results were as follows: $\begin{array}{lr}\text { Indirect Materials Cost Explained by Units Produced }\\\text { Constant } & \$ 15,685 \\\text { Standard error of } Y \text { estimate } & \$ 3,500 \\\mathrm{r}^{2} & 0.7832 \\\text { Number of observations } & 20 \\X \text { coefficient(s) } & 10.25 \\\text { Standard error of coefficient(s) } & 2.1876\end{array}$

• A) Y = $15,685 + $10.25X
• B) Y = $3,500 + $5.15X
• C) Y = $19,185 + $4.48X
• D) Y = $12,285 + $10.25X

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