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Data set Production Volume (units) Total Cost ($) 400 4688 450 4893 550 5957 600 6105 700 7111 750 7743 425 4983 475 5461 575

Data set

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

image text in transcribed
U Log In | UMUC G an important application of regre x + X C A https://learn.umuc.edu/d21/Ims/quizzing/user/attempt/quiz_start_frame_auto.d21?ou=383894&isprv=&drc=1&qi=984465&cfql=0&dnb=0 G T X Page 1: Regression - Interpretation Question 26 (4 points) Page 2: 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 per widget? Page 3: O 7.38 3 7.54 Page 4: 8.75 4 O 8.21 V Page 5: None of the answers are correct 5 V View hint for Question 26 Previous Page Next Page Page 26 of 27 Regression3.xlsx * Correlation 1 (3).xIsx Show all X

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