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Month # Machine Hours (X) Maintenance Costs (Y) Jan 3,000 $440 Feb 4,500 $690 Mar 8,000 $510 Apr 7,000 $600 May 6,000 $550 Jun 9,000
| Month | # Machine Hours (X) | Maintenance Costs (Y) | |
| Jan | 3,000 | $440 | |
| Feb | 4,500 | $690 | |
| Mar | 8,000 | $510 | |
| Apr | 7,000 | $600 | |
| May | 6,000 | $550 | |
| Jun | 9,000 | $980 | |
| Jul | 3,500 | $840 | |
| Aug | 5,500 | $600 |
What does the slope represent?
|
| the rate at which the X variable changes as a result of the Y variable |
|
| the rate at which the Y variable changes as a result of the X variable |
|
| the rate at which the dependent variable changes as a result of the fixed cost component |
|
| the rate at which the independent variable changes as a result of changes in the dependent variable |
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