Accounting question -regression analysis that I have been working on but I am not sure if I have the correct answer
If the activity level is 33,850, Find what is the cost of this activity?
DATA GIVEN:
constant 4,378
Standard error of Y estimate 912
No. of observations 12
Rsquare 0.9183
Coefficient(s) 2.35
Degrees of freedom 10
Standard error of coefficient(s) 0.437525