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question 11. thanks! D Question 11 5.5 pts A business is trying to estimate its costs for the next fiscal year. The business used a
question 11. thanks!
D Question 11 5.5 pts A business is trying to estimate its costs for the next fiscal year. The business used a regression model to estimate fiscal year costs based on number of employees and number of product launches. The output from the regression model is shown below. P- Coefficients value 1,000,700 0.01 200,007 0.03 Intercept Number of employees Number of product launches 3,500,000 0.04 The business has 100 employees. It has no product launches planned. Of the following, which best estimates the costs for the next fiscal year? $4.5 million $21 million $1 million $4.7 million Step by Step Solution
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