Rushmont, Inc. operates a small package delivery service in the Nashville suburb

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 equation's independent variable would correspond to the:

variable operating cost per delivery.

fixed operating costs.

number of deliveries.

total variable operating costs.

total operating costs.

variable operating cost per delivery.

fixed operating costs.

number of deliveries.

total variable operating costs.

total operating costs.

Explanation / Answer

The coefficient of the equation's independent variable would correspond to the variable operating cost per delivery.

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