Your Client's Company Wants to Determine the Relationship Between Its

Multiple Choice

Your client's company wants to determine the relationship between its monthly operating costs and a potential cost driver.The output of regression analysis showed the following information:
Intercept Coefficient = 89,620
X Variable 1 Coefficient = 62.53
R-square = 0.9852
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What is the company's monthly cost equation?

A) y = $62.53x + $89,620
B) y = $98.52x + $89,620
C) y = $89,620x + $62.98
D) y = $89,620x + $98.52