The Perize Corporation Used Regression Analysis to Predict the Annual

Multiple Choice

The Perize Corporation used regression analysis to predict the annual cost of indirect materials.The results were as follows: $\begin{array}{lr}\text { Indirect Materials Cost Explained by Units Produced }\\\text { Constant } & \$ 15,685 \\\text { Standard error of } Y \text { estimate } & \$ 3,500 \\\mathrm{r}^{2} & 0.7832 \\\text { Number of observations } & 20 \\X \text { coefficient(s) } & 10.25 \\\text { Standard error of coefficient(s) } & 2.1876\end{array}$

A) Y = $15,685 + $10.25X
B) Y = $3,500 + $5.15X
C) Y = $19,185 + $4.48X
D) Y = $12,285 + $10.25X