Multiple Choice
Burmer Co. has accumulated data to use in preparing its annual profit plan for the upcoming year. The cost behavior pattern of the maintenance costs must be determined. Data regarding the machine hours and maintenance costs for the last year and the results of the regression analysis are as follows:REGRESSION ANALYSIS
Y (Dependent) Variable: Maintenance Cost
X (Independent) Variable: Maintenance HoursThe statistic that indicates precision of the regression is:
A) 9982.
B) 47.0630.
C) 0.9981.
D) Lower 95% and Upper 95%.
E) Significance F (1.44E-13) .
Correct Answer:

Verified
Correct Answer:
Verified
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