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171.Austin Powers Company used least-squares regression analysis to obtain the following output 1 Payroll Department Cost Explained by Number off Employees $9,3001 $6301 0.96247 20
171.Austin Powers Company used least-squares regression analysis to obtain the following output 1 Payroll Department Cost Explained by Number off Employees $9,3001 $6301 0.96247 20 139 Constantn Standard error of Y estimate R-squareda No. of observations P Degrees of freedom 3.1029 Standarderrorofcoefficient(s) 0.09667 X coefficient(s) a what is the total fixed cost? b-+ What is the variable cost per employee?4 c.-. Prepare the linear cost function oodness of fith d. What is the coefficient of determination? Comment on the g RDS Scanned by Cam
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