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) Residual

Question

Quizplus · Accepted Answer

The X variable 1 coefficient represents the slope of the regression line and indicates the change in the dependent variable (Y) per unit change in the independent variable (X). In this case, the X variable represents the unit, and the variable cost per unit is the dependent variable. Hence, the X variable 1 coefficient would represent the variable cost per unit. The Intercept coefficient represents the constant term in the regression equation and may not be directly relevant to the variable cost per unit. R-square is a measure of the overall fit of the regression line and not directly relevant to the variable cost per unit. Residuals represent the difference between the actual and predicted values of the dependent variable and do not provide information about the variable cost per unit.

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