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Use attached data to estimate regression model between the total number of units produced and labor hours, after examining the appropriate plots: 1. State regression

Use attached data to estimate regression model between the total number of units produced and labor hours, after examining the appropriate plots:

1. State regression model

2. Interpret slope coefficient

3. Provide/Interpret 95% prediction interval for labour hours needed to produce 800th unit

I believe we are using logs here.

Data:

Unit Produced Labor Hours Required
1 715
2 517
10 239
20 174
40 126
60 104
100 82
150 68
200 59
300 47
500 37
600 34

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