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Due to a recent change by Microsoft you will need to open the XLMiner Analysis ToolPak add-in manually from the home ribbon. Screenshot of ToolPak
Due to a recent change by Microsoft you will need to open the XLMiner Analysis ToolPak add-in manually from the home ribbon. Screenshot of ToolPak X Open spreadsheet a. Compute bi and bo (to 1 decimal). 1 bi bo Complete the estimated regression equation (to 1 decimal). y = b. According to this model, what is the change in cost (in dollars) for every unit produced (to 1 decimal)? + c. Compute the coefficient of determination (to 3 decimals). Note: report r2 between 0 and 1. r2 = of the variation in total cost can be explained by the production volume (to 1 decimal)? Due to a recent change by Microsoft you will need to open the XLMiner Analysis ToolPak add-in manually from the home ribbon. Screenshot of ToolPak a. Compute b1 and b0 (to 1 decimal). b1 b0 Complete the estimated regression equation (to 1 decimal). y= b. According to this model, what is the change in cost (in dollars) for every unit produced (te 1 decima)? c. Compute the coefficient of determination (to 3 dedimals), Note: report r2 between 0 and 1 . r2= d. The company's production schedule shows 500 units must be produced next month. What is the estimated rexd cost for this operation (to the nearest whole number)? Use the XL.Miner Analysts ToelPak to condoct your reguestlon analysh After deleting all text in this shaded ama, set the oulput range in the Joopak is the fop let cel ar thin and IDI) Your regresisionroutput should fic into thils shaded area
Due to a recent change by Microsoft you will need to open the XLMiner Analysis ToolPak add-in manually from the home ribbon. Screenshot of ToolPak X Open spreadsheet a. Compute bi and bo (to 1 decimal). 1 bi bo Complete the estimated regression equation (to 1 decimal). y = b. According to this model, what is the change in cost (in dollars) for every unit produced (to 1 decimal)? + c. Compute the coefficient of determination (to 3 decimals). Note: report r2 between 0 and 1. r2 = of the variation in total cost can be explained by the production volume (to 1 decimal)?
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