The controller's office has analyzed the data and has given you the results from the regression...

 

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The controller's office has analyzed the data and has given you the results from the regression analysis of administrative costs and credit hours for the past 12 months. SUMMARY OUTPUT Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations ANOVA Regression Residual Total Intercept Credit Hours 0.931721933 0.86810576 0.856115375 20132.27781 df 13 SS MS F Significance F 1 29344406081 2.93E+10 72.40015 3.61732E-06 11 4458394709 4.05E+08 12 33802800790 Lower Upper 95.0% t Stat P-value Lower 95% Upper 95% 95.0% Standard Coefficients Error 96640.96621 12640.00402 7.645644 1E-05 68820.50494 124461.43 68820.5049 124461.427 103.0524515 12.11123916 8.508828 3.62E-06 76.39579381 129.70911 76.3957938 129.709109 If the controller uses regression analysis to estimate costs, the cost equation for administrative salaries is: (1pt) The fixed costs are estimated as (1pt) The variable cost per credit hour is estimated as (1pt) The cost equation expressing total administrative costs is expressed as: Total Cost = The controller's office has analyzed the data and has given you the results from the regression analysis of administrative costs and credit hours for the past 12 months. SUMMARY OUTPUT Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations ANOVA Regression Residual Total Intercept Credit Hours 0.931721933 0.86810576 0.856115375 20132.27781 df 13 SS MS F Significance F 1 29344406081 2.93E+10 72.40015 3.61732E-06 11 4458394709 4.05E+08 12 33802800790 Lower Upper 95.0% t Stat P-value Lower 95% Upper 95% 95.0% Standard Coefficients Error 96640.96621 12640.00402 7.645644 1E-05 68820.50494 124461.43 68820.5049 124461.427 103.0524515 12.11123916 8.508828 3.62E-06 76.39579381 129.70911 76.3957938 129.709109 If the controller uses regression analysis to estimate costs, the cost equation for administrative salaries is: (1pt) The fixed costs are estimated as (1pt) The variable cost per credit hour is estimated as (1pt) The cost equation expressing total administrative costs is expressed as: Total Cost =

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The fixed costs are estimated as the intercept coefficient which is 9664096621 Th... View the full answer