{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-07T02:18:41-04:00", "answer_date": "2024-06-07 02:18:41", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "2399461", "url": "\/study-help\/questions\/clough-company-is-interested-in-establishing-the-relationship-between-utility-2399461", "question_creation_date_js": "2024-06-07T02:18:41-04:00", "question_creation_date": "Jun 07, 2024 02:18 AM", "meta_title": "[Solved] Clough Company is interested in establish | SolutionInn", "meta_description": "Answer of - Clough Company is interested in establishing the relationship between utility costs and machine hours. Data have been | SolutionInn", "meta_keywords": "clough,company,interested,establishing,relationship,utility,costs,machine,hours,data,collected,regression", "question_title_h1": "Clough Company is interested in establishing the relationship between utility costs and machine hours. Data have been collected and a regression analysis prepared using Excel.", "question_title": "Clough Company is interested in establishing the relationship between utility costs and", "question_title_for_js_snippet": "Clough Company is interested in establishing the relationship between utility costs and machine hours Data have been collected and a regression analysis prepared using Excel The monthly data and the regression output follow table Month , Machine Hours,Utility Costs , January , 3 , 2 5 0 , 2 2 , 0 8 0 , February , 3 , 7 7 0 , 2 5 , 2 0 0 , March , 2 , 4 7 0 , 1 6 , 2 0 0 , April , 4 , 0 3 0 , 2 7 , 6 0 0 , May , 4 9 4 0 , 3 3 , 9 0 0 , June , 4 , 2 9 0 , 2 6 , 4 0 0 , July , 5 , 3 3 0 , 2 9 7 0 0 , August , 4 5 5 0 , 2 7 , 3 0 0 , September , 2 , 6 0 0 , 1 8 , 6 0 0 , October , 4 , 8 1 0 , 3 1 , 2 0 0 , Novernber , 6 , 1 1 0 , 3 7 , 2 0 0 , Decenber , 5 , 4 6 0 , 3 3 , 3 0 0", "question_description": "\"image
Clough Company is interested in establishing the relationship between utility costs and machine hours. Data have been collected and a regression analysis prepared using Excel. The monthly data and the regression output follow:<\/span><\/div>
\\<\/mi><\/mrow><\/math>table<\/span>[<\/mi>[<\/mi><\/mrow><\/math>Month<\/span>,<\/mo><\/mrow><\/math>Machine Hours,Utility Costs<\/span>]<\/mi>,<\/mo>[<\/mi><\/mrow><\/math>January<\/span>,<\/mo>3<\/mn>,<\/mo>2<\/mn>5<\/mn>0<\/mn>,<\/mo>2<\/mn>2<\/mn>,<\/mo>0<\/mn>8<\/mn>0<\/mn>]<\/mi>,<\/mo>[<\/mi><\/mrow><\/math>February<\/span>,<\/mo>3<\/mn>,<\/mo>7<\/mn>7<\/mn>0<\/mn>,<\/mo>2<\/mn>5<\/mn>,<\/mo>2<\/mn>0<\/mn>0<\/mn>]<\/mi>,<\/mo>[<\/mi><\/mrow><\/math>March<\/span>,<\/mo>2<\/mn>,<\/mo>4<\/mn>7<\/mn>0<\/mn>,<\/mo>1<\/mn>6<\/mn>,<\/mo>2<\/mn>0<\/mn>0<\/mn>]<\/mi>,<\/mo>[<\/mi><\/mrow><\/math>April<\/span>,<\/mo>4<\/mn>,<\/mo>0<\/mn>3<\/mn>0<\/mn>,<\/mo>2<\/mn>7<\/mn>,<\/mo>6<\/mn>0<\/mn>0<\/mn>]<\/mi>,<\/mo>[<\/mi><\/mrow><\/math>May<\/span>,<\/mo>4<\/mn>.<\/mn>9<\/mn>4<\/mn>0<\/mn>,<\/mo>3<\/mn>3<\/mn>,<\/mo>9<\/mn>0<\/mn>0<\/mn>]<\/mi>,<\/mo>[<\/mi><\/mrow><\/math>June<\/span>,<\/mo>4<\/mn>,<\/mo>2<\/mn>9<\/mn>0<\/mn>,<\/mo>2<\/mn>6<\/mn>,<\/mo>4<\/mn>0<\/mn>0<\/mn>]<\/mi>,<\/mo>[<\/mi><\/mrow><\/math>July<\/span>,<\/mo>5<\/mn>,<\/mo>3<\/mn>3<\/mn>0<\/mn>,<\/mo>2<\/mn>9<\/mn>.<\/mn>7<\/mn>0<\/mn>0<\/mn>]<\/mi>,<\/mo>[<\/mi><\/mrow><\/math>August<\/span>,<\/mo>4<\/mn>5<\/mn>5<\/mn>0<\/mn>,<\/mo>2<\/mn>7<\/mn>,<\/mo>3<\/mn>0<\/mn>0<\/mn>]<\/mi>,<\/mo>[<\/mi><\/mrow><\/math>September<\/span>,<\/mo>2<\/mn>,<\/mo>6<\/mn>0<\/mn>0<\/mn>,<\/mo>1<\/mn>8<\/mn>,<\/mo>6<\/mn>0<\/mn>0<\/mn>]<\/mi>,<\/mo>[<\/mi><\/mrow><\/math>October<\/span>,<\/mo>4<\/mn>,<\/mo>8<\/mn>1<\/mn>0<\/mn>,<\/mo>3<\/mn>1<\/mn>,<\/mo>2<\/mn>0<\/mn>0<\/mn>]<\/mi>,<\/mo>[<\/mi><\/mrow><\/math>Novernber<\/span>,<\/mo>6<\/mn>,<\/mo>1<\/mn>1<\/mn>0<\/mn>,<\/mo>3<\/mn>7<\/mn>,<\/mo>2<\/mn>0<\/mn>0<\/mn>]<\/mi>,<\/mo>[<\/mi><\/mrow><\/math>Decenber<\/span>,<\/mo>5<\/mn>,<\/mo>4<\/mn>6<\/mn>0<\/mn>,<\/mo><\/mo>3<\/mn>3<\/mn>,<\/mo>3<\/mn>0<\/mn>0<\/mn><\/mrow><\/math> <\/div><\/span> <\/div><\/div> \"image", "transcribed_text": "", "related_book": { "title": "Principles Of Cost Accounting", "isbn": "978-0840037039, 0840037031", "edition": "15th Edition", "authors": "Edward J. Vanderbeck", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/81.jpg", "uri": "\/textbooks\/principles-of-cost-accounting-15th-edition-9780840037039", "see_more_uri": "\/textbooks\/business-public-finance-3304" }, "free_related_book": { "isbn": "1538232960", "uri": "\/textbooks\/ghosts-subtract-1st-edition-978-1538232965-379940", "name": "Ghosts Subtract", "edition": "1st Edition" }, "question_posted": "2024-06-07 02:18:41", "see_more_questions_link": "\/study-help\/questions\/business-economics-2023-September-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/the-following-is-an-excerpt-from-a-conversation-between-the-192721", "description": "The following is an excerpt from a conversation between the store manager of La Food Grocery Stores, Amy Locke, and Steve Meyer, president of La Food Grocery Stores. 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