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Below is an excerpt from last year's financial data of Managbanag Co., manufacturer of Product Mon. Labor hours and production costs for the last four
Below is an excerpt from last year's financial data of Managbanag Co., manufacturer of Product Mon. Labor hours and production costs for the last four months of the year were as follows: Total Production Month Labor Hours Costs September 2,500 P20,000 October 3,500 25,000 November 4,500 25,000 December 3,500 25,000 Using a simple linear regression model, how much will be the estimated production for January of next year if there are 4,000 labor hours budgeted for that month
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