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An important application of regression in manufacturing is the estimation of cost of the production. Based on data from ajax widgets relating costs (Y) to
An important application of regression in manufacturing is the estimation of cost of the production. Based on data from ajax widgets relating costs (Y) to volume (X) what is the cost per widget?
| Production Volume (units) | Total Cost ($) |
| 400 | 4688 |
| 450 | 4893 |
| 550 | 5957 |
| 600 | 6105 |
| 700 | 7111 |
| 750 | 7743 |
| 425 | 4983 |
| 475 | 5461 |
| 575 | 6136 |
| 625 | 6302 |
| 725 | 7538 |
| 775 | 7596 |
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Geometry A Comprehensive Course A Comprehensive Course
Authors: Dan Pedoe
1st Edition
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