You Are Applying the Scattergraph Method and Find That the Regression

Multiple Choice

You are applying the scattergraph method and find that the regression line you have drawn passes through a data point with the following coordinates: 1,000 units and $9,600. The regression line passes through the Y axis at the $600 point. Which of the following is the cost formula that represents the slope of this line?

A) Y=$600+$9.00X
B) Y=$600+$9.60X
C) Y=$9,600+$.06X
D) None of these is true.