The Kojak Company Used Regression Analysis to Predict the Annual

Multiple Choice

The Kojak Company used regression analysis to predict the annual cost of utilities. The results were as follows: Utilities Cost
Explained by Direct Labor Hours
$\begin{array}{ll}\text { Constant } & \$ 9,650 \\\text { Standard error of Y estimate } & \$ 875.20 \\R \text { - squared } & 0.7650 \\\text { No. of obs ervations } & 33\\\text { Degrees of freedom } & 31 \\\text { X coefficient(s) } & 4.43 \\\text { Standard error of coefficient(s) } & 0.917\end{array}$ The variable cost per direct labor hour is:

A) $4.437
B) $875.20
C) $0.917
D) $0.765