30. Refer to Example 3- 8. While cleaning out an old file, someone uncovers the first spacecraft...
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30. Refer to Example 3- 8. While cleaning out an old file, someone uncovers the first spacecraft manufactured by your company—30 years ago! It weighed 100 pounds and cost $600 million. Extend the spreadsheet to include this data point. How does adding this observation affect R and the standard error? How about the regression coefficients? Should this new data point be included in the model used for predicting future costs? (3.4)
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Engineering Economy
ISBN: 9781292265001
17th Global Edition
Authors: William G. Sullivan ,Elin M. Wicks ,C. Patrick Koelling
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