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An important application of regression in manufacturing is the estimation of cost of A - % production. Based on DATA from Ajax Widgets relating cost

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An important application of regression in manufacturing is the estimation of cost of A - % production. Based on DATA from Ajax Widgets relating cost (Y) to volume (X), what Clipboard Font Alignment Number is the cost per widget? A1 X 8.75 A B C 7.38 Production Volume (units) Total Cost 400 4688 7.54 450 4893 550 5957 O 8.21 6 600 6105 700 7111 750 7743 ONone of the answers are correct 425 4983 10 475 5461 11 575 6136 Hide hint for Question 26 12 625 6302 725 7538 14 775 7596 What is the regression equation? What do the regression constants mean? 1 widget 15 is a production volume of 1. 16 Sheet1 +

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