Question: What percentage of the variation in overhead costs is explained by the independent variable
Answer: 82.8%
Explanation:
= 0.848 (84.8%), the explanation of variation in Y from the X regress
Question: What is the total overhead cost for an estimated activity level of 60,000 direct labor-hours
Answer: $410,000
Explanation:
The equation resulting from this regression analysis is:
Total overhead = Estimated fixed cost + Estimated variable cost per labor hour x Labor hours
= Intercept estimate + Coefficient estimate on independent variable x 60,000 DLH
= 110000 + 5 x 60000 DLH
= 110000 + 300000
= 410000
The major benefit of using R for the project is it easily reproduces and shares an analysis.
<h3>What is R programming used for?</h3>
R is a programming language and surroundings typically utilized in statistical computing, statistics analytics, and medical research.
It is one of the maximum famous languages utilized by statisticians, statistics analysts, researchers, and entrepreneurs to retrieve, clean, analyze, visualize and present statistics.
Therefore, The major benefit of using R for the project is it easily reproduces and shares an analysis.
learn more about using R programming:
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Answer:
D, neither excludable nor rival in consumption, a tornado siren is a public good.
Explanation:
A tornado siren is a siren that is used to give emergency warnings to a large population of an impending danger or danger that has passed.
A tornado siren otherwise known as the civil defense siren is of public good and as such is not a rival neither can it be excluded from consumption.
Cheers
Answer:
the correct is something else
Explanation:
I believe that Jon's estate complex in Entropia could classify as an intangible property.
Intangible property can be defied as property that doesn't have any physical attributes that give them value. For example, a car is a tangible since you can drive it around, but a certificate of deposit is just a piece of paper (or even a computer code) and nothing else. The same applies to bonds and stocks, you know they are valuable but their value is not provided by their physical characteristics. Other intangible property include patents, software, licenses, copyrights and trademarks.
All of these can be extremely expensive, for example Microsoft is worth hundreds of billions and it sells digital ones and zeros.
