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You Run a Regression Analysis and Receive the Following Results

Question 71

Multiple Choice

You run a regression analysis and receive the following results:
SUMMARY OUTPUT
 Regression Statistics  Multiple R 0.88000000 R Square 0.78219168 Adjusted R Square 0.70958891 Standard Error 1165.19000 Observations 5dfSSMSF Significance F Regression 114626984.41E+0710.77360.0463451 Residual 34073015.6041E+06 Total 418700000 Coefficients  Standard Error t Stat P-value  Intercept 16146.378167.491.9770.14249 X Variable 1 2.3800.7303.2820.04635\begin{array}{l}\begin{array} { l r } \hline{ \text { Regression Statistics } } \\\hline \text { Multiple R } & 0.88000000 \\\text { R Square } & 0.78219168 \\\text { Adjusted R Square } & 0.70958891 \\\text { Standard Error } & 1165.19000 \\\text { Observations } & 5 \\\hline\end{array}\\\\\begin{array} { l c r c c r } \hline & d f & S S & M S & F & \text { Significance } F \\\hline \text { Regression } & 1 & 14626984.4 & 1 \mathrm { E } + 07 & 10.7736 & 0.0463451 \\\text { Residual } & 3 & 4073015.604 & 1 \mathrm { E } + 06 & & \\\text { Total } & 4 & 18700000 & & & \\\hline\end{array}\\\\\begin{array} { l r r r c } \hline & \text { Coefficients } & \text { Standard Error } & t \text { Stat } & P \text {-value } \\\hline \text { Intercept } & 16146.37 & 8167.49 & 1.977 & 0.14249 \\\text { X Variable 1 } & 2.380 & 0.730 & 3.282 & 0.04635 \\\hline\end{array}\end{array}
-When using regression analysis to predict mixed cost behaviour,which of the following would be the independent variable?


A) The highest level of activity
B) The lowest level of activity
C) The mixed cost at a given level of production
D) The volume of production that drives a particular amount of mixed cost

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