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Your boss would like you to estimate the fixed and variable components of a particular cost. Actual data for this cost over four recent periods
Your boss would like you to estimate the fixed and variable components of a particular cost. Actual data for this cost over four recent periods appear below. Activity 34 33 Period 1 Period 2 Period 3 Period 4 Cost $388 $377 $362 $406 30 Using the least-squares regression method, what is the cost formula for this cost? Multiple Choice O Y = $106.64 + $8.48X O Y = $0.00 + $15.29X
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