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Sandy s Socks makes the world s best socks Sandy performed a least squares regression of the information for the last eight months and obtained
Sandy s Socks makes the world s best socks Sandy performed a least squares regression of the information for the last eight months and obtained the following results Month Number of Socks Produced Total Cost January 8 000 7 000 February 4 500 5 000 March 7 000 6 250 April 8 600 7 750 May 3 750 5 000 June 6 000 6 250 July 3 000 4 250 August 5 000 5 750 Sandy performed a least squares regression and obtained the following results Coefficients Intercept 2718 59 x Variable 1 0 56 Suppose that
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