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Production Volume (units) Total Cost ($) 400 5424 450 5657 550 5759 600 7294 700 7583 750 8603 425 5311 475 6093 575 6662 625

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Production Volume (units) Total Cost ($) 400 5424 450 5657 550 5759 600 7294 700 7583 750 8603 425 5311 475 6093 575 6662 625 7380 725 7784 775 8588An 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 of producing 600 widgets? 0 None of the answers are correct. 0 5826

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