Question: . Bolt Corp. used regression analysis to predict the annual cost of indirect materials. The results were as follows: Regression Output: Constant $21,890; Std Err
. Bolt Corp. used regression analysis to predict the annual cost of indirect materials. The results were as follows: Regression Output: Constant $21,890; Std Err of Y Est $ 4,560; R Squared 0.7832; Number of Observations 22; X Coefficient(s) 11.75 Std Err of Coef. 2.1876; What is the linear cost function?
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