Business
Business, 20.12.2019 22:31, snikergrace

Sago co. uses regression analysis to develop a model for predicting overhead costs. two different cost drivers (machine hours and direct materials weight) are under consideration as the independent variable. relevant data were run on a computer using one of the standard regression programs, with the following results. machine hours coefficient y-intercept 2,500b 5.0 r^2=.70 direct materials weight y-intercept 4,600 b 2.6 r^2=.50 what regression equation should be used? a) y = 2,500 + 5.0x b) y = 2,500 + 3.5x c) y = 4,600 + 2.6x d) y = 4,600+1.3x

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