This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: South by Southwest Company used least squares regression analysis to obtain the following output: ... (Read 45 times)

renzo156

  • Hero Member
  • *****
  • Posts: 526
on: Mar 6, 2021
South by Southwest Company used least squares regression analysis to obtain the following output:

Payroll Department Cost
Explained by Number of Employees
Constant$7,540
Standard error of Y estimate819
r20.8924
Number of observations20
X coefficient(s)$2.473
Standard error of coefficient(s)0.0966

Required:
a.What is the total fixed cost?
b.What is the variable cost per employee?
c.Prepare the linear cost function.
d.What is the coefficient of determination? Comment on the goodness of fit. 
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by renzo156 on Mar 6, 2021

Anton

  • Sr. Member
  • ****
  • Posts: 302
Reply #1 on: Mar 6, 2021
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.
Answer Preview
Only 50% of students answer this correctly


renzo156

  • Member
  • Posts: 526
Reply 2 on: Mar 6, 2021
:D TYSM

nathang24

  • Member
  • Posts: 314
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

The Blue-bearded Bee-eater Nyctyornis athertoni is a large species of bee-eater found in South Asia. The Blue-bearded Bee-eater Nyctyornis athertoni is a large species of bee-eater found in South Asia.
Beaker with ibex, dogs, and long-necked birds, from southwest Iran. Beaker with ibex, dogs, and long-necked birds, from southwest Iran.
The major cortical input and output pathways of the posterior parietal association cortex. Shown are ... The major cortical input and output pathways of the posterior parietal association cortex. Shown are ...
Factors that Increase Cardiac Output Factors that Increase Cardiac Output
In a typical proteomic analysis, cells are exposed to different conditions In a typical proteomic analysis, cells are exposed to different conditions
GENETIC ANALYSIS GENETIC ANALYSIS
Video: Hemoglobin's affinity with oxygen - carbon dioxide, temperature and bisphosphoglycerate (BPG)

For a complete list of videos, visit our video library