Explain that the cost formula developed by usin monthly data


He following cost formula was developed by using monthly data for a hospital. Total cost = $51,400 + ($125 x Number of patient days) In the cost formula, the term $51,400 a. is the dependent variable.is the variable rate. is the intercept.is the independent variable. cannot be determined from the above formula.

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Humanities: Explain that the cost formula developed by usin monthly data
Reference No:- TGS0554143

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