A small computer chip manufacturer wants to forecast monthly operating costs as a function of the number
Question:
a. Determine an equation that can be used to predict monthly production costs from units produced. Are there any outliers?
b. How could the regression line obtained in part a be used to determine whether the company was efficient or inefficient during any particular month?
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Related Book For 
Data Analysis And Decision Making
ISBN: 415
4th Edition
Authors: Christian Albright, Wayne Winston, Christopher Zappe
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