Figure 3-7 The Following Computer Printout Estimated Overhead Costs Using Regression

Multiple Choice

Figure 3-7
The following computer printout estimated overhead costs using regression:
Please find the following statistical table
During the last accounting period 10,000 DLH were worked
.
-Refer to Figure 3-7. The coefficient of determination in this model tells us that

A) the slope is 14.05.
B) the intercept is 100.41.
C) 80 percent of the variation in the overhead variable is explained by DLH.
D) the slope is significant.