Answer:
3x
Step-by-step explanation:
Indirect material cost: y
explained by units produced: x
Linear regression. Cost estimation equation: y=mx+b
Constant: b=$15,640
Standard error of y estimate=$3,600
r^2=0.7704
Number of observations: n=22
x coeffient: m=11.25
Standard error of x coefficient=2.19
m=11.25, b=15,640 → y=11.25x+15,640
Answer: The cost estimation equation is y=11.25x+15,640
Answer:
You could talk on the phone for 200 minutes at night, or 40 minutes during the day.
For every 5 minutes you reduced your night time talking, you could talk during the day for 1 minute.
Step-by-step explanation:
0.50d + 0.10n < $20
0.50d < $20 --> d < 40 minutes
0.10n < $20 --> n < 200 minutes
2/3 is greater. 1/5 is less.
