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Analysis of predicting overhead costs

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A team for SFSU, LLC performed an analysis of predicting overhead costs for a data center utilizing labor and/or machine hours.

Regression 1 Regression 2 Regression 3

SE 33,844 45,383 31,044

R-Squared 0.55 0.35 0.58

T-values

Machine-Hours 2.3 1.9

Labor-Hours 1.1 0.8

Which regression would you chose and why?

Reference no: EM132067564

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