The following excel printout provides information to estimate overhead costs using linear regression:

a. Write the multiple regression model (round to nearest cent).
b. What does the 't Stat' measure?
c. What is the estimate of overhead if the department has 1,205 DLH, 55 setups and 125 moves?

Question

The following excel printout provides information to estimate overhead costs using linear regression:
    
a. Write the multiple regression model (round to nearest cent).
b. What does the 't Stat' measure?
c. What is the estimate of overhead if the department has 1,205 DLH, 55 setups and 125 moves?

Quizplus · Accepted Answer

The Answer of The following excel printout provides information to estimate overhead costs using linear regression:
    
a. Write the multiple regression model (round to nearest cent).
b. What does the 't Stat' measure?
c. What is the estimate of overhead if the department has 1,205 DLH, 55 setups and 125 moves?

The Following Excel Printout Provides Information to Estimate Overhead Costs