Question: The regression analysis results for ABC Co. are shown as y = 90x + 45. The standard error (Se) is 30, and coefficient of determination

The regression analysis results for ABC Co. are shown as y = 90x + 45. The standard error (Se) is 30, and coefficient of determination (R2) is 0.81. The budget calls for production of 100 units.
What is ABC’s estimate of total costs?
a. $3,090
b. $9,045
c. $9,030
d. $4,590
e. $11,200

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