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 the above is true.