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Star, Inc Used Excel to Run a Least-Squares Regression Analysis, Which

Question 78

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Star, Inc. used Excel to run a least-squares regression analysis, which resulted in the following output: Star, Inc. used Excel to run a least-squares regression analysis, which resulted in the following output: What is Star's formula for estimating costs? A) Total cost = $175,003 + ($11.57 × Production) B) Total cost = $61,603 + ($0.92 × Production) C) Total cost = $175,003 + ($61,603 × Production) D) Total cost = $11.57 + ($0.9213 × Production) Star, Inc. used Excel to run a least-squares regression analysis, which resulted in the following output: What is Star's formula for estimating costs? A) Total cost = $175,003 + ($11.57 × Production) B) Total cost = $61,603 + ($0.92 × Production) C) Total cost = $175,003 + ($61,603 × Production) D) Total cost = $11.57 + ($0.9213 × Production) What is Star's formula for estimating costs?


A) Total cost = $175,003 + ($11.57 × Production)
B) Total cost = $61,603 + ($0.92 × Production)
C) Total cost = $175,003 + ($61,603 × Production)
D) Total cost = $11.57 + ($0.9213 × Production)

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