Business, 18.02.2020 17:30 aletadaboss
Your client's company wants to determine the relationship between its monthly operating costs and a potential cost driver. The output of regression analysis showed the following information: Intercept Coefficient 75,828 X Variable 1 Coefficient 52.61 R-square 0.9756 Should your client use this information to predict monthly operating costs? A. Yes, because regression analysis can always be relied upon. O B. Yes, because R-square is so high O C. No, because R-square is so high. OD. There is not enough information to make this prediction.
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