Use the following information to answer the next two questions:Fred's Frozen Creations has been contracted to train Utah's synchronized ice sculptingteam. They have identified two different independent variables (ice sculpting hoursand number of ice blocks used in training) in two different equations to evaluate thecost of training. The results of the two regressions are as follows:SUMMARY OUTPUT - Sculpting hoursRegression StatisticsMultiple RR SquareAdjusted R SquareStandard ErrorObservationsInterceptSculpting hoursMultiple RR SquareAdjusted R SquareStandard ErrorObservationsSUMMARY OUTPUT - Number of ice blocksRegression StatisticsInterceptNumber of blocks0.69860.45320.3143$40,58724Coefficients$1,214.35$21.90a. $272,705.65b. $456,548.94c. $270,584.35d. $354,404.13e. $83,819.78f. $309,957.00g. $123,981.00h. None of the above0.61450.33200.2874$43,12724StandardError$425.78$6.78Coefficients$6,764.58$223.48StandardError$2,273.09$152.58t Stat2.853.23t Stat2.981.46Using the best cost driver, what is the estimated total cost of training theseathletes if 12,300 sculpting hours are incurred and Fred's uses 1,190 ice blocks duringtraining? Assume these estimates are within the relevant range.

R square value of sculpting hours =0.4532Sculpting hours coefficient =21.90Intercept coefficient of…

Answered: Using the best cost driver, what is the…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Similar questions

Mr. Anderson plans to build his house on a piece of land with a total measured space of 500m². 2.1 2.2 According to the information given what is meant by " total measured space"? Mr. Anderson's house will take up a total area of 290.08m². Calculate how much free land he will have after the house is built.
A school board announces an across the board salary cut of 3%. The superintendent makes $174,600 after the cut has been made. What was her salary before the 3% cut? 6. a. $5,238 b. $5,400 c. $122,220 d. $179,838 e. $180,000
A particular dam contains approximately 1,200,000,000,000 cubic feet of water. For a week-long spike flood, water was released at a rate of 25,700 cubic feet per second. a. How much water was released during the flood? b. What percentage of the dam was released during the flood? a. The amount of water released during the week-long flood was (Simplify your answer.) GOOD b.% of the dam was released during the flood. (Type an integer or decimal rounded to the nearest hundredth as needed.)
Chrome-FeatNav 02.44 43 Fleyd, Ant In one month, a family spent the following amount on groceries: $145.16, $112.81, $86.35, and $161.59. Whlch Is the best estimate the total amount this famlly spends an grocerles In one year? A. $500 O B $2,000 O C $6,000 D. $10,000
The local school district plans to build a new school addition for $962,300. According to the local economic development president, 67% of each dollar spent will be “re-spent” in the local community. Based on this prediction, calculate the maximum overall impact of this building project. Round your answer to the nearest $100. Group of answer choices $2,916,100 $995,000 $1,953,800 $2,948,800
a. Based on the graph, what was the dollar amount of the US National Debt in 2000? Be as accurate as possible. Write your answer in expanded form (for example, 100,000). b. Based on the graph, what was the percent of GDP for the US National Debt in 2000? Be as accurate as possible. c. Based on your above answers, what was the GDP in 2000? Show calculations/thought process supporting your answer.
Please help me dont do handwritten and explain evry concept explain everything..
Use the following price information for selected items for 2010 and 2018. Production figures for those two periods are also given.
For letter B please plug in the number 6
please assist. I am confused
I have a project. If you, please help me. I have difficulty providing my whole paper because they have an excel sheet and 4 parts. I will send one part at a time, and I also do a table. I will send Images. Excel Sheet: Weight Afte 617.8113 620.1643 622.8009 612.4607 623.7648 611.1701 622.8009 613.6156 610.1285 625.4375 619.9092 629.9374 626.9606 622.9659 630.2376 625.1295 614.1296 627.8228 620.5368 616.4157 625.8382 615.8178 628.4465 622.1811 628.0915 613.0679 624.8177 619.6013 627.9645 617.9089 621.8213 620.1653 619.8005 622.4607 623.7648 619.1721 622.8009 617.6155 614.1284 625.4361 619.9092 625.9373 627.9616 619.9659 633.2371 625.1299 612.7446 627.8228 620.5368 617.4158 625.8382 613.8178 628.4465 622.1811 630.0908 611.0682 624.8176 619.6013 627.9644 616.9081 619.8113 620.1641 615.8009 622.4613 623.7644 621.1721 622.8009 613.6156 614.1285…
A craft shop buys stuffed animals with a list price of $6,000. If the wholesaler offers trade discounts of 15/15/15, find the net price factor. 0.00338 0.51200 0.61413 0.72900

Recommended textbooks for you

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

Elementary Statistics: Picturing the World (7th E…

Statistics

ISBN:

9780134683416

Author:

Ron Larson, Betsy Farber

Publisher:

PEARSON

The Basic Practice of Statistics

Statistics

ISBN:

9781319042578

Author:

David S. Moore, William I. Notz, Michael A. Fligner

Publisher:

W. H. Freeman

Introduction to the Practice of Statistics

Statistics

ISBN:

9781319013387

Author:

David S. Moore, George P. McCabe, Bruce A. Craig

Publisher:

W. H. Freeman

SEE MORE TEXTBOOKS

Using the best cost driver, what is the estimated total cost of f 12,300 sculpting hours are incurred and Fred's uses 1,190 ice Assume these estimates are within the relevant range. $272,705.65 $456,548.94 $270,584.35 $354,404.13 $83,819.78 $309,957.00 $123,981.00 None of the above