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An important application of regression in manufacturing is the estimation of cost of production. Based on DATA from Ajax Widgets relating cost (Y) to volume
An important application of regression in manufacturing is the estimation of cost of production. Based on DATA from Ajax Widgets relating cost (Y) to volume (X), what is the cost of producing 600 widgets? O AutoSave OFF HEY C ... 13 ... Customize Quick Access Toolbar Home Insert Draw >> ? Tell me Share Comments A ~ % " Conditional Formatting v Format as Table v Clipboard Font Alignment Number Cell Styles v A1 X V fx A B C D E F G Production Volume (units) Total Cost ($) 400 4688 450 4893 550 5957 600 6105 700 7111 27 of 27 750 7743 425 4983 475 5461 11 575 6136 625 6302 13 725 7538 14 775 7596 15
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