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Huxley, Inc. used Excel to run a least-squares regression analysis, which resulted in the following output: Regression Statistics Multiple R R Square Observations Intercept
Huxley, Inc. used Excel to run a least-squares regression analysis, which resulted in the following output: Regression Statistics Multiple R R Square Observations Intercept Production (X) 0.9740 0.9487 20 Coefficients 22905 3.8 Standard Error 8,588 T Stat 2.59 0.6611 6.70 What is the total fixed cost would Huxley predict for a month in which they sold 3300 units?
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