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This project only has one attempt. Review the check figures with your data file results before answering the questions. If your check figures do not
This project only has one attempt. Review the check figures with your data file results before answering the questions. If your check figures do not match, do not proceed with answering the questions until you have asked for assistance from your instructor. Using the Excel file you created for Howard, Cooper \& Associates, what is the cost equation for Billable Attorney Hours? A. y=$333.81x+$62,039 B. y=$7.1721x+$57,669 C. y=$7.972x+$58,971 D. None of the above Using the Excel file you created for Howard, Cooper \& Associates, what is the R-squared for Billable Attorney Hours? A. R2=0.3498 B. R2=0.7672 C. Neither A or B Among billable attorney hours, administrative staff hours, and number of client jobs for Howard, Cooper \& Associates, which independent variable would most likely be the best predictor of overhead costs? A. Billable Attorney Hours B. Number of Client Jobs C. Administrative Staff Hours D. None of the above Assume that management wants to predict overhead costs in a month when billable attorney hours are 1,730, administrative staff hours are 1,270 , and the number of client jobs is 22. Predict Howard, Cooper \& Associates' overhead costs, using the cost equation in the scatterplot for the independent variable that you found to be the best predictor for overhead costs. A. $69,095 B. $69,383 C. $70,077 D. $485,978 This project only has one attempt. Review the check figures with your data file results before answering the questions. If your check figures do not match, do not proceed with answering the questions until you have asked for assistance from your instructor. Using the Excel file you created for Howard, Cooper \& Associates, what is the cost equation for Billable Attorney Hours? A. y=$333.81x+$62,039 B. y=$7.1721x+$57,669 C. y=$7.972x+$58,971 D. None of the above Using the Excel file you created for Howard, Cooper \& Associates, what is the R-squared for Billable Attorney Hours? A. R2=0.3498 B. R2=0.7672 C. Neither A or B Among billable attorney hours, administrative staff hours, and number of client jobs for Howard, Cooper \& Associates, which independent variable would most likely be the best predictor of overhead costs? A. Billable Attorney Hours B. Number of Client Jobs C. Administrative Staff Hours D. None of the above Assume that management wants to predict overhead costs in a month when billable attorney hours are 1,730, administrative staff hours are 1,270 , and the number of client jobs is 22. Predict Howard, Cooper \& Associates' overhead costs, using the cost equation in the scatterplot for the independent variable that you found to be the best predictor for overhead costs. A. $69,095 B. $69,383 C. $70,077 D. $485,978
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