The Keith Corporation Used Regression Analysis to Predict the Annual

Multiple Choice

The Keith Corporation used regression analysis to predict the annual cost of indirect materials.The results were as follows: Indirect Materials Cost
Explained by Units Froduced
$\begin{array}{lr}\text { Constant } & \$ 19,885 \\\text { Standard error of Y estimate } & \$ 9,560 \\\text { R - squared } & 0.7832 \\\text { No. of observations } & 22 \\\text { Degrees of freedom } & 20 \\& \\\text { X coefficients) } & 3.75 \\\text { Standard error of coefficients) } & 2.5576\end{array}$ The linear cost function is _____.

A) Y = $19,885 + $3.75X
B) Y = $9,560 + $2.56X
C) Y = $9,560 + $3.75X
D) None of these answers is correct.