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Acct 212 Spring 2019 Individual Project #2 Due: 03/15/2019 SUMMARY OUTPUT Regression Statistics Multiple R 0.998198 R Square 0.996399 Adjusted R Square 0.995799 Standard Error

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Acct 212 Spring 2019 Individual Project #2 Due: 03/15/2019 SUMMARY OUTPUT Regression Statistics Multiple R 0.998198 R Square 0.996399 Adjusted R Square 0.995799 Standard Error 8.52932 Observations 8 ANOVA df SS MS F gnificance F Regression 1 120783 120783 1660.264 1.46E-08 Residual 6 436.4958 72.7493 Total 7 121219.5 Coefficientandard Err t Stat P-value Lower 95%Upper 95%ower 95.09 pper 95.0% Intercept 35914.19 1130.169 31.77772 6.45E-08 33148.76 38679.61| 33148.76 38679.61 X Variable 1 6.091077 0.149488 40.74633 1.46E-08 5.725293 6.45686 5.725293 6.45686 1- What is the measure of goodness of fit ? 2- What is the variable cost per unit based on the regression equation ? 3- Cost equation for Inspection Costs ? 4- What is the fixed cost portion of Inspection Costs ? 5- Estimated Inspection costs when 973 units are produced

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