Glaser Machine Works has experienced a significant change in its business operations over the past 50 years.
Question:
Required Tasks:
1. Identify the primary issue of the case.
2. Identify a statistical model you might use to help analyze the case.
3. Develop a multiple regression model that can be used to help Kristi Johnson analyze the product defects for line 107B. Be sure to carefully specify the dependent variable and the independent variables.
4. Discuss how the variables overtime hours, supervisor training, and shift will be modeled.
5. Run the regression model you developed and interpret the results.
6. Which variables are significant?
7. Provide a short report that describes your analysis and explains in managerial terms the findings of your model. Be sure to explain which variables, if any, are significant explanatory variables. Provide a recommendation to management.
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Related Book For
Business Statistics A Decision Making Approach
ISBN: 9780133021844
9th Edition
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry
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