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A regression analysis of production costs produced the following output: Intercept: 47.757.05 X-variable 1: 6.364 Based on these results, what is the estimated cost for

A regression analysis of production costs produced the following output: Intercept: 47.757.05 X-variable 1: 6.364 Based on these results, what is the estimated cost for a production level of 1,200 units? $40,120 $47.763 $7,636 $55,394

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