Multiple Choice
Vanco Industries wanted to determine the relationship between its monthly operating costs and a potential cost driver,machine hours.The output of a regression analysis showed the following information (note: only a portion of the regression analysis results is presented here.) 
- What is the cost equation based upon the results of the regression analysis?
A) y = $0.90x
B) y = $0.90 + $2,413.21
C) y = $2,413.21x + $0.90
D) y = $2,413.21 + $0.90x
Correct Answer:
Verified
Correct Answer:
Verified
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