Question: When trying to determine the relationship between monthly operating costs and a potential cost driver, the output of regression analysis showed the following results for

When trying to determine the relationship between monthly operating costs and a potential cost driver, the output of regression analysis showed the following results for Wilson, Inc.: Intercept Coefficient =89,500 X Variable 1 Coefficient = 62,50 R-square = 0.9855 Should Wilson, Inc use this information to predicy monthly operating costs? O Yes, because R-square is so high There is not enough information to make this prediction No, because R-square is so high. Yes, because regression analysis can always be relied upon

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