The Results of the Regression Analysis to Estimate Delivery Costs

question 63

Multiple Choice

The results of the regression analysis to estimate delivery costs are as follows
Which of the following statements represent a valid conclusion based on the above regression analysis output?

• A) 54.4% of transportation cost can be explained by the "number of cargos.
• B) The F-statistic is considered significant;therefore,the relationship in the regression is unlikely to happen by chance.
• C) The p-value associated with the intercept suggests that the delivery costs are entirely variable.
• D) Given the t-statistic,number of cargos is a poor cost driver of delivery cost.

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