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From the following regression output, determine the cost equation. What will the total cost be if 100 units are produced SUMMARY OUTPUT Regression Statistics Multiple
From the following regression output, determine the cost equation. What will the total cost be if 100 units are produced SUMMARY OUTPUT Regression Statistics Multiple R 1 R Square 1 Adjusted R Square 1 Standard Error 5.12E-13 Observations 6 ANOVA df SS MS F Significance F Regression 1 34613883 34613883 1.32E+32 3.43E-64 Residual 4 1.05E-24 2.62E-25 Total 5 34613883 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0% Intercept 20000 2.06E-12 9.7E+15 6.78E-64 20000 20000 20000 20000 units 19 1.65E-15 1.15E+16 3.43E-64 19 19 19 19 Question 8 options: 20119 18870 21900 19780 20019
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