Business, 21.11.2019 06:31 jasbutt015p2pqp8
The stanford company incurred the following maintenance cost during a five month period:
month production volume maintenance costs
june 75 $250
july 115 310
august 190 400
september 60 240
october 135 355
using a computer or calculator, compute the estimate of the fixed portion of maintenance costs using the method of least squares.
rounded to dollars, this value would be:
a. $575
b. $166
c. $160
d. $66
Answers: 1
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