Figure 3-7 the Following Computer Printout Estimated Overhead Costs Using

question 191

Multiple Choice

Figure 3-7 The following computer printout estimated overhead costs using regression:
Please find the following statistical table
During the last accounting period 10,000 DLH were worked.
Refer to Figure 3-7. The coefficient of determination in this model tells us that

• A) the slope is 14.05.
• B) the intercept is 100.41.
• C) 80 percent of the variation in the overhead variable is explained by DLH.
• D) the slope is significant.