regression analysisForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › regression analysisThis topic has 3 replies, 2 voices, and was last updated 10 years ago by John Moffat.Viewing 4 posts - 1 through 4 (of 4 total)AuthorPosts June 9, 2014 at 5:38 pm #175476 yaaseenMemberTopics: 16Replies: 25☆month 1 2 3 4total cost $’000 57.5 37.5 45.0 60.0Quantity produced $’000 1.25 1.00 1.50 2.00gradient of regression line is 17.14what is the value of a??A 25.36 B 48.56 C 74.64 D 101.45i got C as an answer but my teacher said it’s A.. sir, what is the answer?? June 9, 2014 at 6:32 pm #175506 John MoffatKeymasterTopics: 57Replies: 54636☆☆☆☆☆The correct answer is A.y is the cost, so total y = 200x is the quantity, so total x = 5.75n = 4b = 17.14If you put those figures into the formula for a, then the value of a is 25.36 June 9, 2014 at 7:07 pm #175523 yaaseenMemberTopics: 16Replies: 25☆thank you sir 🙂 God bless U 🙂instead of subtracting, i made addition 😛Attention to details 😀 June 9, 2014 at 9:24 pm #175564 John MoffatKeymasterTopics: 57Replies: 54636☆☆☆☆☆You are welcome 🙂AuthorPostsViewing 4 posts - 1 through 4 (of 4 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In