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The accounting department manager wonders how much of the direct labor cost of a product produced can be explained by the batch size used on
The accounting department manager wonders how much of the direct labor cost of a product produced can be explained by the batch size used on the shop floor. The data below has been provided to perform this analysis.
Based on this data, how much of the variation in the dependent variable can be explained by the explanatory variable?
Batch Size | Direct Labor Cost ($100) |
30 | 951.0261 |
39 | 710.53 |
31 | 570.28 |
33 | 1238.37 |
35 | 925.44 |
11 | 384.05 |
32 | 1117.91 |
30 | 722.16 |
23 | 745.83 |
17 | 420.27 |
22 | 503.57 |
12 | 377.85 |
37 | 880.85 |
12 | 271.56 |
13 | 526.98 |
36 | 1348.7 |
18 | 643.32 |
26 | 583.13 |
39 | 1123.47 |
18 | 451.62 |
40 | 1002.01 |
23 | 564.13 |
26 | 971.95 |
34 | 1208.11 |
23 | 754.28 |
23 | 414.96 |
27 | 616.4 |
27 | 894.65 |
12 | 607.9 |
16 | 655.46 |
28 | 825.87 |
19 | 494.65 |
35 | 721.13 |
35 | 1165.95 |
34 | 978.19 |
24 | 623.31 |
23 | 570.15 |
38 | 1248.12 |
39 | 975.75 |
38 | 1413.71 |
31 | 661.22 |
24 | 645.93 |
27 | 471.4 |
37 | 875.43 |
25 | 336.54 |
15 | 429.8 |
27 | 1061.77 |
40 | 740.1 |
14 | 571.51 |
20 | 530.5 |
18 | 408.12 |
29 | 606.61 |
27 | 964.65 |
14 | 501.7 |
19 | 449.62 |
17 | 611.33 |
39 | 1269.38 |
25 | 563.87 |
37 | 896.06 |
21 | 570.19 |
39 | 1158.49 |
32 | 929.1 |
24 | 748.82 |
18 | 385.02 |
29 | 947.47 |
14 | 528.51 |
33 | 865.27 |
35 | 949.51 |
16 | 374.89 |
24 | 674.88 |
39 | 1393.62 |
14 | 511.03 |
22 | 651.88 |
16 | 398.52 |
10 | 392.56 |
10 | 297.21 |
29 | 569.86 |
18 | 372.14 |
38 | 551.69 |
20 | 498.9 |
18 | 570.54 |
20 | 452.11 |
17 | 644.79 |
28 | 1050.92 |
33 | 670.54 |
13 | 344.47 |
30 | 720.31 |
13 | 212.01 |
25 | 908.94 |
25 | 669.41 |
14 | 322.09 |
33 | 917.19 |
31 | 976.54 |
35 | 859.62 |
40 | 637.61 |
12 | 309.78 |
34 | 982.63 |
15 | 458.71 |
17 | 285.09 |
32 | 681.45 |
31 | 1094.14 |
24 | 849.71 |
39 | 1139.84 |
15 | 471.24 |
24 | 564.56 |
26 | 951.8 |
14 | 491.06 |
12 | 384.18 |
30 | 847.02 |
40 | 1261.99 |
36 | 866.94 |
34 | 1067.9 |
18 | 592.09 |
23 | 460.14 |
11 | 430.87 |
22 | 689.05 |
18 | 552.53 |
16 | 371.83 |
39 | 1100.57 |
22 | 675.12 |
15 | 586.11 |
39 | 838.95 |
38 | 830.76 |
30 | 941.01 |
17 | 623.09 |
30 | 1180.46 |
19 | 516.19 |
23 | 540.86 |
15 | 548.02 |
17 | 419.24 |
34 | 842.67 |
17 | 534.89 |
36 | 1039.34 |
18 | 714.52 |
31 | 1002.01 |
13 | 483.87 |
36 | 775.49 |
31 | 1106.29 |
37 | 876.42 |
40 | 942.96 |
37 | 1094.16 |
24 | 777.93 |
34 | 1169.11 |
28 | 899.8 |
24 | 745.69 |
16 | 479.1 |
31 | 543.55 |
21 | 526.91 |
31 | 697.88 |
17 | 509.57 |
26 | 720.14 |
22 | 370.96 |
37 | 1152.22 |
32 | 1046.04 |
18 | 450.37 |
12 | 422.61 |
14 | 518.64 |
13 | 479.75 |
32 | 1113.54 |
20 | 541.27 |
13 | 167.18 |
35 | 685.11 |
34 | 1077.05 |
37 | 890.29 |
26 | 415.49 |
14 | 361 |
22 | 616.34 |
21 | 575.41 |
28 | 745.47 |
26 | 785.7 |
30 | 662.23 |
21 | 641.29 |
20 | 636.41 |
28 | 832.47 |
38 | 984.29 |
31 | 766.11 |
33 | 827.88 |
26 | 659.7 |
21 | 534.29 |
30 | 857.23 |
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