Question
??For the simple regression analysis model that is used to estimate the total factory overhead, an internal auditor finds that the line of regression that
??For the simple regression analysis model that is used to estimate the total factory overhead, an internal auditor finds that the line of regression that intersects with the y-axis is P10,000. The slope of the trend line is .20. The independent variable amounts to P850,000 for the month.
What is the estimated amount of factory overhead for the month?
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Business Law in Canada
Authors: Richard A. Yates, Teresa Bereznicki Korol, Trevor Clarke
11th Canadian edition
134312112, 133847136, 978-0134312118, 978-0133847130
