Question: Using regression analysis and choosing from several potential cost drivers, derive the cost drivers that are significant predictors of overall overhead costs and can be

Using regression analysis and choosing from several potential cost drivers, derive the cost drivers that are significant predictors of overall overhead costs and can be used to help allocate overhead. Set alpha to 5%, or 0.05. Derive the formula for allocating overhead (the regression line equation). Compare the estimated overhead per month to actual overhead per month using a scatterplot

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