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Louis Katz, a Cost Accountant at Papalote Plastics, Inc

Question 80

Multiple Choice

Louis Katz, a cost accountant at Papalote Plastics, Inc. (PPI) , is analyzing the manufacturing costs of a molded plastic telephone handset produced by PPI. Louis's independent variable is production lot size (in 1,000's of units) , and his dependent variable is the total cost of the lot (in $100's) . Regression analysis of the data yielded the following tables: Louis Katz, a cost accountant at Papalote Plastics, Inc. (PPI) , is analyzing the manufacturing costs of a molded plastic telephone handset produced by PPI. Louis's independent variable is production lot size (in 1,000's of units) , and his dependent variable is the total cost of the lot (in $100's) . Regression analysis of the data yielded the following tables: Louis's regression model is ___. A) y = -0.358 + 3.996x B) y = 0.358 + 3.996x C) y = -3.996 + 0.358x D) y = 3.996 - 0.358x E) y = 3.996 + 0.358x Louis Katz, a cost accountant at Papalote Plastics, Inc. (PPI) , is analyzing the manufacturing costs of a molded plastic telephone handset produced by PPI. Louis's independent variable is production lot size (in 1,000's of units) , and his dependent variable is the total cost of the lot (in $100's) . Regression analysis of the data yielded the following tables: Louis's regression model is ___. A) y = -0.358 + 3.996x B) y = 0.358 + 3.996x C) y = -3.996 + 0.358x D) y = 3.996 - 0.358x E) y = 3.996 + 0.358x Louis's regression model is ___.


A) y = -0.358 + 3.996x
B) y = 0.358 + 3.996x
C) y = -3.996 + 0.358x
D) y = 3.996 - 0.358x
E) y = 3.996 + 0.358x

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