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The Shepherd Companys president would like to know the estimated fixed and variable components of a particular cost. Actual data for this cost for four recent periods appear below. Activity Cost Period 1 24 P174 179 Period 2 25 Reriod ? 20 165

The Shepherd Companys president would like to know the estimated fixed and variable components of a particular cost. Actual data for this cost for four recent periods appear below. Activity Cost Period 1 24 P174 179 Period 2 25 Reriod ? 20 165

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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10. The Shepherd Company's president would like to know the estimated fixed and variable components of a particular cost. Actual data for this cost for four recent periods appear below. Activity Cost Period 1 24 P174 Period 2 25 179 Period 3 20 165 Period 4 22 169 Using the least-squares regression method, what is the cost formula for this cost?
Transcribed Image Text:10. The Shepherd Company's president would like to know the estimated fixed and variable components of a particular cost. Actual data for this cost for four recent periods appear below. Activity Cost Period 1 24 P174 Period 2 25 179 Period 3 20 165 Period 4 22 169 Using the least-squares regression method, what is the cost formula for this cost?
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