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Business, 11.04.2020 05:09 10040813

Your boss wants you to analyze the relationship between the company's monthly operating costs and the current cost driver she has chosen. You run a regression analysis and receive the following information:

Intercept Coefficient = 653,434
X Variable 1 Coefficient 5.76
R-square= 0.3784

What is your company's monthly cost equation?

A. y = $0.38x + $576
B. y = $653,434x + $5.76
C. y = $5.76x + $653,434
D. y = $0.38% + $653,434

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Answers: 3

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