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Question 27 (4 points)Saved An important application of regression in manufacturing is the estimation of cost ofproduction. Based on DATA from Ajax Widgets relating cost

Question 27 (4 points)Saved An important application of regression in manufacturing is the estimation of cost ofproduction. Based on DATA from Ajax Widgets relating cost (Y) to volume (X), whatis the cost of producing 600 widgets?695458266312 5206.None of the answers match my calculation. Production Volume (units)400450550600700750425475575625725775Total Cost (S)468848935957610571117743498354616136630275387596

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