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Will you mind to run a multiple linear regression in excel table for the provided data? The following data relates to the last 40 months
Will you mind to run a multiple linear regression in excel table for the provided data?
The following data relates to the last 40 months in the operation of a company. Mont h 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 Total Cost Number of units produced 35761 37417 36837 37417 39073 41142 41804 41556 43874 45861 44536 42798 42549 43874 46275 48758 52152 50827 52483 53145 52235 54553 55629 57202 58278 59188 61989 61989 62176 64790 65910 67404 68151 69831 70951 74125 74686 73752 76179 77673 1432 1452 1445 1452 1472 1497 1505 1502 1530 1554 1538 1517 1514 1530 1559 1589 1630 1614 1634 1642 1631 1659 1672 1691 1704 1715 1745 1753 1741 1793 1787 1820 1822 1861 1875 1919 1926 1926 1957 1977 Number of machine hours 9960 10470 10480 10560 11000 11100 11170 11230 11320 11070 11940 12180 12390 12790 12680 12570 12660 13180 13600 14040 14160 14480 14180 14080 14780 15260 15930 16070 16840 17470 17360 17790 18040 17870 18100 18650 19110 19460 18730 19240Step by Step Solution
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