1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lions [1.4K]
2 years ago
9

The method of least squares was used to develop a cost equation to predict the cost of monthly equipment maintenance. The follow

ing computer output was received:Intercept40,000Slope20The driver used was the number of machine hours.Using the cost formula for the equipment maintenance cost, what is the predicted cost of equipment maintenance for April, assuming that 8,000 machine hours will be logged in April?
a. $140,000
b. $200,000
c. $185,000
d. None of these choices are correct.
Business
1 answer:
lisabon 2012 [21]2 years ago
4 0

Answer:

correct option is b. $200,000

Explanation:

given data

Intercept = 40,000

Slope = 20

machine hours X = 8000

to find out

what is the predicted cost of equipment maintenance for April

solution

we will use here least square equation that  will be

Y = intercept + Slope ×  X      ............................1

here Y is cost of maintenance  and X is maintenance hours

so put here value we get from equation 1

Y = 40000 +  ( 20 ×   8000 )

Y = 40000 + 160000

Y = 200000

so  predicted cost of equipment maintenance for April is 200000

correct option is b. $200,000

You might be interested in
How do I do this? I think I know how But I am not 100% sure! Thanks in advance! I will mark answer the Branliest! Calculate the
Andre45 [30]

Answer:

Break-even point in unit = 250 units

Explanation:

Given:

Fixed cost = $500

Variable cost = $2

Number of customer = 325

Sales amount = $4

Find:

Break-even point

Computation:

Break-even point in unit = Fixed cost / (SP - VC)

Break-even point in unit = 500 / ($4 - $2)

Break-even point in unit = 250 units

4 0
3 years ago
What techniques do you use to focus your time and resources?
zubka84 [21]
<span>It's important that you develop effective strategies for managing your time to ... Other skills involved include prioritising - focusing on urgent and important tasks ... could simply be to use your diary to write down the things you need to do, including .... your time more efficiently, and know some techniques to allow you to do this.</span><span>
</span>
8 0
3 years ago
Does the temporal difference learning of optimal utility values (U) require knowledge of the transition probability tables
zhuklara [117]

Answer:

No

Explanation:

Temporal difference or some times written as TD learning process may be defined as an approach to learning that describes how to predict a given  quantity which depends on the future values for a given signal.

TD or temporal difference learning does not require the knowledge of transition probability tables. It only requires the knowledge of state and action plan. It also does not require the knowledge of reward function.

8 0
2 years ago
​Haley is an accountant for a large hospital network. She knows that she could easily "skim" money from the organization to keep
serg [7]

Answer:

C. front page test

Explanation:

Front page test refers to the analytical study, which provides information to each public official about how people note his or her actions and respond accordingly.

People in general usually observe actions of individuals and then justify or some times reciprocate so many questions to them against there actions.

This clearly shows that Haley is referring to front page test as she is also a kind of public official, as for each action people respond accordingly, and might create opinions and judgement.

Thus, correct option is C.

front page test.

8 0
2 years ago
In economics, we define the "long run" as a. About ten years b. The amount of time it takes for a factory to need new paint c. T
kari74 [83]

Answer:The answer is c

Explanation:

3 0
3 years ago
Other questions:
  • "suppose that over the course of a year 100 people are unemployed for 4 weeks each (the short-term unemployed), while 10 people
    13·1 answer
  • Those costs that do not vary with quantity of goods sold are called ______.
    8·2 answers
  • Bondholders are creditors of the issuing corporation. true
    6·1 answer
  • When a hurricane rips through florida, the price of oranges rises because the:
    14·1 answer
  • Why would banks offer lower interest rates for loans?
    5·2 answers
  • Tax evasion, or telling lies on your tax return is legal<br> a) true<br> b) false
    5·1 answer
  • Service providers must offer cues to help their customers experience and perceive their service more positively and reinforce th
    11·1 answer
  • Tuna Corporation reported pretax book income of $1,000,000. During the current year, the net reserve for warranties increased by
    12·1 answer
  • Which 4 methods allow clients to process digital payments from customers using QuickBooks Online Payments? (Select all that appl
    11·1 answer
  • By understanding its customers’ needs, which marketing management philosophy is vineyard vines utilizing?.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!