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What is your companys monthly cost equation

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Reference no: EM131758237

Your boss wants you to analyze the relationship between the company's monthly operating costs and the current cost driver she has chosen. You run a regression analysis and receive the following information:Intercept Coefficient = 653,434X Variable 1 Coefficient = 5.76Rminus-square = 0.3784 What is your company's monthly cost equation?

A. y = $0.38x + $653,434
B. y = $5.76x + $653,434
C. y = $0.38x + $576
D. y = $653,434x + $5.76

Reference no: EM131758237

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