Question

Refer to P3.7. The following linear regression results were obtained using these data:
Required
A. Determine the revenue formula using the linear regression output.
B. What is the estimated revenue if 5,600 tax schedules are prepared in one period?
C. What is the estimated revenue if 2,200 tax schedules are prepared in one period?
D. Does the relevant range concept impact your answer to part (C)?
E. Evaluate the strength of the linear regression analysis.


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  • CreatedMarch 25, 2015
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