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Yesterday Company Used Regression Analysis to Predict the Annual Cost

Question 87

Multiple Choice

Yesterday Company used regression analysis to predict the annual cost of indirect materials.The results were as follows: Yesterday Company used regression analysis to predict the annual cost of indirect materials.The results were as follows: The linear cost function is ________ where Y = Total indirect materials cost and X = Number of units produced. A) Y = $2.1876 + $9,960X B) Y = $11.75 + $14,885X C) Y= $9,960 + $14,885X D) Y = $14,885 + 11.75X The linear cost function is ________ where Y = Total indirect materials cost and X = Number of units produced.


A) Y = $2.1876 + $9,960X
B) Y = $11.75 + $14,885X
C) Y= $9,960 + $14,885X
D) Y = $14,885 + 11.75X

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