Figure 3-13. The following six months of data were collected on electricity cost and the number of machine hours in a factory.
Refer to Figure 3-13.An independent variable value used in calculating the cost line using the high-low method is:
A)$27,950
B)5,430
C)$25,160
D)4,000

Question

Figure 3-13. The following six months of data were collected on electricity cost and the number of machine hours in a factory.
 Refer to Figure 3-13.An independent variable value used in calculating the cost line using the high-low method is:
A)$27,950 
B)5,430 
C)$25,160 
D)4,000

Quizplus · Accepted Answer

The Answer of Figure 3-13. The following six months of data were collected on electricity cost and the number of machine hours in a factory.
 Refer to Figure 3-13.An independent variable value used in calculating the cost line using the high-low method is:
A)$27,950 
B)5,430 
C)$25,160 
D)4,000