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data for a manufacturing operation. ( c ) Compute the coefficient of determination. ( Round your answer to three decimal places. ) What percentage of
data for a manufacturing operation. c Compute the coefficient of determination. Round your answer to three decimal places.
What percentage of the variation in total cost can be explained by production volume? Round your answer to one decimal place.
d The company's production schedule shows units must be produced next month. Predict the total cost in dollars for this operation. Round your answer to the nearest cent.
$
tabletableProduction VolumeunitstableTotal Cost$
a Uset
velop an estimated regression equation that could be used to predict the total cost for a given production volume. Round your numerical values to two decimal places.
hat
b What is the variable cost in dollars per unit produced?
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