A regression equation's variable cost per unit is represented by the_____________ on the regression analysis output.
A)Intercept coefficient
B)X variable 1 coefficient
C)R-square
D)R
E)Residual

Question

Quizplus · Accepted Answer

The X variable 1 coefficient represents the slope of the regression line or the effect of the independent variable (X) on the dependent variable (Y). In this case, since the dependent variable is the variable cost per unit, the X variable 1 coefficient represents the change in variable cost per unit for every unit increase in the independent variable.

A Regression Equation's Variable Cost Per Unit Is Represented by The_____________