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1.The central Company manufactures a certain specialty item one a month in a batch production run. The number of items produced in each run varies

1.The central Company manufactures a certain specialty item one a month in a batch production run. The number of items produced in each run varies from month to month as demand fluctuates. The company is interested in the relationship between the size of the production run (X) and the number of man-hours of labor (Y ) required for the run. The data for 15 runs were used to obtain the results from the regression analysis given on the accompanying output.

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