Question: A linear regression model has been developed to allow a research lab to estimate the cost of producing a given quantity of new serum. If

A linear regression model has been developed to allow a research lab to estimate the cost of
producing a given quantity of new serum. If the incremental cost per unit in this model is equal to
.850202 and a fixed cost of $13.69 is required regardless of the amount of serum produced, what
is the cost to produce 5,000 units of the serum?
$438.79
$4,237.32
$68,450.85
$4,264.70
 A linear regression model has been developed to allow a research

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