Zee, Inc. estimated the regression, which resulted in the following output: Standard Coefficients Error t-Stat P-L Intercept 500 1411.05 4.28 DLH 10 1.61 2.83 Regression Statistics Multiple R 0.66 R-Square 0.68 Adjusted R-Square 0.69 If Zee processes 100 units, the estimated fixed cost would be: а. $10 b. $500 С. $510 d. $1,500

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Zee, Inc. estimated the regression, which
resulted in the following output:
Standard
Coefficients Error
t-Stat
P-V
Intercept
500
1411.05
4.28
DLH
10
1.61
2.83
Regression Statistics
Multiple R
0.66
R-Square
0.68
Adjusted R-Square
0.69
If Zee processes 100 units, the estimated fixed
cost would be:
а.
$10
b. $500
С.
$510
d. $1,500
Transcribed Image Text:Zee, Inc. estimated the regression, which resulted in the following output: Standard Coefficients Error t-Stat P-V Intercept 500 1411.05 4.28 DLH 10 1.61 2.83 Regression Statistics Multiple R 0.66 R-Square 0.68 Adjusted R-Square 0.69 If Zee processes 100 units, the estimated fixed cost would be: а. $10 b. $500 С. $510 d. $1,500
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