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Author Question: Your client's company wants to determine the relationship between its monthly operating costs and a ... (Read 32 times)

HCHenry

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on: Jan 5, 2020
Your client's company wants to determine the relationship between its monthly operating costs and a potential cost driver. The output of regression analysis showed the following information:
Intercept Coefficient = 89,620
X Variable 1 Coefficient = 62.53
R-square = 0.9852

Should your client use this information to predict monthly operating costs?
◦ No, because R-square is so high.
◦ Yes, because regression analysis can be relied upon.
◦ Yes, because R-square is so high.
◦ There is not enough information to make this prediction.
Managerial Accounting, Canadian Edition ¦ Braun, Tietz, Pyper ¦ 2nd Edition
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Marked as best answer by HCHenry on Jan 5, 2020

raili21

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Reply #1 on: Jan 5, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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HCHenry

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Reply 2 on: Jan 5, 2020
Excellent

carlsona147

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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