The following excel printout provides information to estimate overhead costs using linear regression: Intercept 50O DLH Coefficients Standard Error 1411.05 1.61 t-Stat 4.28 10 2.83 Regression Statistics Multiple R R-Square Adjusted R-Square The Model explains: 68% of variation in the overhead cost is 0.66 0.68 0.69 а. explained by changes in the DLH 66% of variation in the overhead cost is b. explained by changes in the Independent Variable. 68% of variation in DLH is explained by changes in the overhead cost d. с. 66% of variation in the Independent Variable is explained by changes in the overhead cost

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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The following excel printout provides
information to estimate overhead costs using
linear regression:
Intercept 500
DLH
Coefficients Standard Error
1411.05
1.61
t-Stat
4.28
2.83
10
Regression Statistics
Multiple R
R-Square
Adjusted R-Square
The Model explains:
68% of variation in the overhead cost is
0.66
0.68
0.69
а.
explained by changes in the DLH
b.
66% of variation in the overhead cost is
explained by changes in the Independent
Variable.
68% of variation in DLH is explained by
changes in the overhead cost
d. 66% of variation in the Independent
Variable is explained by changes in the
overhead cost
С.
Transcribed Image Text:The following excel printout provides information to estimate overhead costs using linear regression: Intercept 500 DLH Coefficients Standard Error 1411.05 1.61 t-Stat 4.28 2.83 10 Regression Statistics Multiple R R-Square Adjusted R-Square The Model explains: 68% of variation in the overhead cost is 0.66 0.68 0.69 а. explained by changes in the DLH b. 66% of variation in the overhead cost is explained by changes in the Independent Variable. 68% of variation in DLH is explained by changes in the overhead cost d. 66% of variation in the Independent Variable is explained by changes in the overhead cost С.
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