The Stewart Company used regression analysis to predict the annual cost of utilities. The results were as follows:
-The total fixed cost is
A) $16,650.
B) $15,711.
C) $ 6,652.
D) $ 3,726.

Name: The Stewart Company used regression analysis to predict the annual cost of utilities. The results were as follows: -The total fixed cost is A) $16,650. B) $15,711. C) $ 6,652. D) $ 3,726.
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Question

The Stewart Company used regression analysis to predict the annual cost of utilities. The results were as follows: 
-The total fixed cost is
A) $16,650. 
B) $15,711. 
C) $ 6,652. 
D) $ 3,726.

Quizplus · Accepted Answer

The total fixed cost is equal to the intercept, which is $16,650 in this case.

The Stewart Company Used Regression Analysis to Predict the Annual