Question: Part C (1 Mark) The following computer printout was generated using the least squares method in estimating maintenance costs. Number of observations 1,500 X Variable

Part C (1 Mark) The following computer printout was generated using the least squares method in estimating maintenance costs. Number of observations 1,500 X Variable Coefficient 95 Intercept (constant) 10,980 Multiple R .97 R Square .94 Standard Error of estimate 1048.09 Activity variable Units Produced Required Will you rely on an equation from the above information to predict maintenance costs? Why or why not? (1 mark)

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