MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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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?
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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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