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The HW Grant Corporation Used Regression Analysis to Predict the Annual

Question 115

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The H.W. Grant Corporation used regression analysis to predict the annual cost of indirect materials. The results were as follows:
The H.W. Grant Corporation used regression analysis to predict the annual cost of indirect materials. The results were as follows: What is the cost estimation equation? A) Y = $15,640 + $11.25X B) Y = $3,600 + $8.67X C) Y = $19,240 + $5.14X D) Y = $12,040 + $11.25X
What is the cost estimation equation?


A) Y = $15,640 + $11.25X
B) Y = $3,600 + $8.67X
C) Y = $19,240 + $5.14X
D) Y = $12,040 + $11.25X

Correct Answer:

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