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Cori's Cola was to manufacture 500 cases of cola next week. The accountant provided the following regression analysis results of total manufacturing costs. Cost driver is units of cases. SUMMARY OUTPUT Regression Results Regression Statistics R Square Intercept X Variable 1 0.82 Coefficients 115 230 t Stat 1.39 2.18 What is the estimated cost of producing the 500 cases of cola?

Cori's Cola was to manufacture 500 cases of cola next week. The accountant provided the following regression analysis results of total manufacturing costs. Cost driver is units of cases. SUMMARY OUTPUT Regression Results Regression Statistics R Square Intercept X Variable 1 0.82 Coefficients 115 230 t Stat 1.39 2.18 What is the estimated cost of producing the 500 cases of cola?

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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Cori's Cola was to manufacture 500 cases of cola next week. The accountant provided the following regression analysis results of total manufacturing costs. Cost driver is units of cases. SUMMARY OUTPUT - Regression Results Regression Statistics R Square Intercept X Variable 1 0.82 Coefficients 115 230 t Stat 1.39 2.18 What is the estimated cost of producing the 500 cases of cola?
Transcribed Image Text:Cori's Cola was to manufacture 500 cases of cola next week. The accountant provided the following regression analysis results of total manufacturing costs. Cost driver is units of cases. SUMMARY OUTPUT - Regression Results Regression Statistics R Square Intercept X Variable 1 0.82 Coefficients 115 230 t Stat 1.39 2.18 What is the estimated cost of producing the 500 cases of cola?
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