The following computer printout estimated overhead costs using regression:

	t for H(0)			Std. error
Parameter	Estimate	Parameter = 0	Pr > t	of parameter

Intercept	100.41	4.81	0.0003	20.88
DLH	14.05	6.78	0.0001	2.07
R Square (R2)		0.80
Standard Error (Se)		25.03
Observations		17

Find the following statistical table

degrees of freedom

90%

95%

99%

degrees of freedom

90%

95%

99%

1	6.314	12.708	63.657	11	1.796	2.201	3.106
2	2.920	4.303	9.925	12	1.782	2.179	3.055
3	2.353	3.182	5.841	13	1.771	2.160	3.055
4	2.132	2.776	4.604	14	1.761	2.145	3.012
5	2.015	2.571	4.032	15	1.753	2.131	2.947
6	1.943	2.447	3.707	16	1.746	2.120	2.921
7	1.895	2.365	3.499	17	1.740	2.110	2.898
8	1.860	2.306	3.355	18	1.734	2.101	2.878
9	1.833	2.262	3.250	19	1.729	2.093	2.861
10	1.812	2.228	3.169	20	1.725	2.086	2.845

During the last accounting period 10,000 DLH were worked.

The coefficient of determination in this model tells us that

a.80 percent of the variation in the overhead variable is explained by DLH.

b. the slope is 14.05.

c. the intercept is 100.41.

d. the slope is significant.

Answer rating: 100% (QA)

Ans The CoepAicient of dete... View the full answer