The dependent variable in the regression in our cost driver analysis is which of the following? Company salesTotal overhead cost for the entire period of timeTotal overhead cost per month 1 SUMMARY OUTPUT234 Multiple R5 R Square6 Adjusted R Square7 Standard Error8 Observations910 ANOVA1112 Regression13 Residual4 Total5Regression Statistics67 Intercept3 Company Sales9DB0.3608536880.1302153840.111307023376.4533032dfCoefficients48146471410.4405370.000155603SS975956.88266518986.1177494943Standard Error161.7518065.92943E-05MS975956.8826141717.0895t Stat8.7197823122.624243942F6.886656267P-value2.6299E-110.01174552Significance F0.01174552Lower 95%1084.8510393.62495E-05Upper 95%Lower 95.0%1736.030035 1084.8510390.0002749563.62495E-05Upper 95.0%1736.0300350.000274956 4500000400000035000003000000250000020000001500000100000050000000500Chart Title1000Customer Complaints1500Average Workers2000●2500Company Sales3000

The dependent variable is the one you are trying to predict or explain. It’s called “dependent”…

Answered: The dependent variable in the…

The dependent variable in the regression in our cost driver analysis is which of the following? Company sales Total overhead cost for the entire period of time Total overhead cost per month

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

The dependent variable in the regression in our cost driver analysis is which of the following? Company sales Total overhead cost for the entire period of time Total overhead cost per month

1 SUMMARY OUTPUT
2
3
4 Multiple R
5 R Square
6 Adjusted R Square
7 Standard Error
8 Observations
9
10 ANOVA
11
12 Regression
13 Residual
4 Total
5
Regression Statistics
6
7 Intercept
3 Company Sales
9
D
B
0.360853688
0.130215384
0.111307023
376.4533032
df
Coefficients
48
1
46
47
1410.440537
0.000155603
SS
975956.8826
6518986.117
7494943
Standard Error
161.751806
5.92943E-05
MS
975956.8826
141717.0895
t Stat
8.719782312
2.624243942
F
6.886656267
P-value
2.6299E-11
0.01174552
Significance F
0.01174552
Lower 95%
1084.851039
3.62495E-05
Upper 95%
Lower 95.0%
1736.030035 1084.851039
0.000274956
3.62495E-05
Upper 95.0%
1736.030035
0.000274956

4500000
4000000
3500000
3000000
2500000
2000000
1500000
1000000
500000
0
0
500
Chart Title
1000
Customer Complaints
1500
Average Workers
2000
●
2500
Company Sales
3000

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