Multiple Choice
George's Ice Cream Shop believes most of its utilities costs are mixed. George has collected the following data on gallons of ice cream used and related utilities costs for the past six months: 
George has run a regression analysis on the above information and has come up with the following data:
Using regression analysis, which of the following formulas would be the best predictor of total estimated mixed costs?
A) Y = $300 + $20x
B) Y = $329.50 + $19.57x
C) Y = $900 + $30x
D) Y = $19.56 + $329.50x
Correct Answer:
Verified
Correct Answer:
Verified
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