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14. A manufacturing company is interested in predicting the number of defects that will be produced each hour on the assembly line. The managers believe
14. A manufacturing company is interested in predicting the number of defects that will be produced each hour on the assembly line. The managers believe that there is a relationship between the defect rate and the production rate per hour. The managers believe that they can use production rate to predict the number of defects. The following data were collected for 10 randomly selected hours. Defects Production Rate Per Hour 20 30 10 20 30 25 30 20 10 40 400 450 350 375 400 400 450 300 300 300 Fit a line of Regression to the above data and interpret Intercept and slope values
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