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The Following Computer Printout Estimated Overhead Costs Using Multiple Regression

Question 18

Multiple Choice

The following computer printout estimated overhead costs using multiple regression:  Parameter  Estimate  tfor H(0)   Interameter =0Pr>t Std. error  of parameter  Intercept 10001.960.0250510.204 Setup hours 2581.960.00010.305 # of parts 1009.500.000110.527\begin{array} { l c c c c } \text { Parameter } & \text { Estimate } & \begin{array} { c } \text { tfor H(0) } \\\text { Interameter } = \mathbf { 0 }\end{array} & \underline { \mathbf { P r } > \mathbf { t } } & \begin{array} { c } \text { Std. error } \\\text { of parameter }\end{array} \\\text { Intercept } & 1000 & 1.96 & 0.0250 & 510.204 \\\text { Setup hours } & 25 & 81.96 & 0.0001 & 0.305 \\\text { \# of parts } & 100 & 9.50 & 0.0001 & 10.527\end{array}

 R Square (R2)  0.94 Standard Error (Se)  75.00 Observations 160\begin{array}{ll}\text { R Square (R2) } & 0.94 \\\text { Standard Error (Se) } & 75.00 \\\text { Observations } & 160\end{array}
During the year the company used 1,000 setup hours and 500 parts.
Which slope and intercept parameters are significant at the 0.05 level?


A) intercept
B) setup hours
C) number of parts
D) all of the above

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