Question: minutes. 11 seconds Question Completion Status: Question 10 3.4 points Vanco Industries wanted to determine the relationship between its monthly operating costs and a potential
minutes. 11 seconds Question Completion Status: Question 10 3.4 points Vanco Industries wanted to determine the relationship between its monthly operating costs and a potential cost driver, machine hours. The output of a regression analysis showed the follow information (not only a portion of the regression analysis results is presented here.) SUMMARY OUTPUT Regression Statistics Multiple R 097578654 R Square 0.95215938 Adjusted R Square 0.94019922 Standard Error 143.982415 Observations 6 ANOVA Significance di 1 79.611 MS 1650410 20730.9 Regression Rosidual Total 0.00007 SS 1650409.59 82923 7435 173333333 Standard Error 413 562837 0.10056454 Stat 583377 Coefficients 2413 21376 0.89728584 P-value 00043 0.00087 Lower 95% 12647 Intercept X Variable 1 What is cost formula II O g
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