29. Refer to exercise 21, where data on production volume and cost were used to develop an...

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29. Refer to exercise 21, where data on production volume and cost were used to develop an estimated regression equation relating production volume and cost for a particular manufacturing operation. Use α  .05 to test whether the production volume is significantly related to the total cost. Show the ANOVA table. What is your conclusion?

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Essentials Of Statistics For Business And Economics

ISBN: 9780324568608

5th Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams

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