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The Method of Least Squares Was Used to Develop a Cost

question 60

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The method of least squares was used to develop a cost equation to predict the cost of monthly equipment maintenance for the Regina Company. The following computer output was received:
The driver used was the number of machine hours.
 Intercept 32,000 Slope 25\begin{array}{lr}\text { Intercept } & 32,000 \\\text { Slope } & 25\end{array}
-Refer to the Figure.What is the independent variable of the cost formula for equipment maintenance?


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Focus Controls

Elements in software or optical devices designed to adjust the clarity and sharpness of an image or to direct attention to specific tasks.

Clear View

A term denoting an unobstructed and clear line of sight or understanding.

Proper Objective

An aim or goal that is suitable and appropriately targeted for a specific task or endeavor.

Optical Microscopes

Instruments that use visible light and a system of lenses to magnify small objects, allowing for the observation of details not visible to the naked eye.

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