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Linda was attempting to estimate a model for her small business's overhead costs. She is 9 9 . 9 % sure that overhead costs are
Linda was attempting to estimate a model for her small business's overhead costs. She is sure that overhead costs are driven primarily by production, but she also knows that this cost isn't entirely variable. So she grabbed the last months of production and overhead cost data, listed it out, and plotted it as follows. tableMonth# of Units Produced,Overhead Cost$
Linda was attempting to estimate a model for her small business's overhead costs. She is sure that overhead costs are driven primarily by production, but she also knows that this cost isn't entirely variable. So she grabbed the last months of production and overhead cost data, listed it out, and plotted it as follows.
tableMonth# of Units Produced,Overhead Cost$
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