Question
In a regression analysis, the intercept is equal to: Group of answer choices A. fixed cost per unit B. total variable costs C. variable cost
In a regression analysis, the intercept is equal to:
Group of answer choices
A. fixed cost per unit
B. total variable costs
C. variable cost per unit
D. total fixed costs
Question homework
Herbie's Hamburgers is a small burger stand.The data below are for 2020:
Burgers SoldTotal Operating CostsJanuary1,000$1,900February2,100$1,975March2,125$2,000April3,000$2,700May2,500$2,175June2,900$2,500
Using the high-low method, what would total operating costs be if 1,440 burgers are sold?Round any intermediary calculations to the nearest cent, if applicable.
Group of answer choices
A. $1,500
B. $576
C. $2,076
D. $1,200
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