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A firm has modeled its experience with industrial accidents and found that the number of accidents per year ( Y ) is related to the
A firm has modeled its experience with industrial accidents and found that the number of accidents
per year Y is related to the number of employees X by the regression equation Y X RSquare is The regression is based on annual observations. The firm intends to employ
workers next year. How many accidents do you project? How much confidence do you have in that
forecast?
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