Exhibit 14-6

question 19

Multiple Choice

Exhibit 14-6.A manager at a local bank analyzed the relationship between monthly salary (y,in $) and length of service (x,measured in months) for 30 employees.She estimates .The following table summarizes a portion of the regression results: Refer to Exhibit 14-6.The monthly salary of an employee that has worked for 48 months at the bank is closest to:

• A)$441.
• B)$785.
• C)$1050.
• D)$1226.

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Definitions:

Product Cost

An aggregate measure of the total costs involved in creating a product, including direct, indirect, and overhead costs.

Vice President

An executive or senior officer in a business or organization, typically reporting to the president or CEO, with specific responsibilities that vary by the entity.

Finance

The management of large sums of money, especially by governments or large companies, encompassing activities such as lending, investing, and budgeting.

Administrative Expense

Costs related to the general operation of a company, which may include salaries of executive staff, office supplies, and utility expenses not directly tied to production.