Question

Rushmont, Inc. operates a small package delivery service in the Nashville suburbs. If the company uses a regression equation to forecast total operating costs, the coefficient of the equations independent variable would correspond to the: Multiple Choice fixed operating costs. total operating costs. variable operating cost per delivery. number of deliveries. total variable operating costs.

Answer 1

variable operating cost per delivery.

Step-by-step explanation:

The regression equation to find out the total operating cost is

Y = a + bx

here

Y denotes total operating cost

a denotes fixed operating cost

b denotes coefficient of independent variable

x denotes variable operating cost per delivery

Therefore the above represent the answer