Refer to exercise 21, where data on production volume and cost were used to develop an estimated
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Refer to exercise 21, where data on production volume and cost were used to develop an estimated regression equation relating production volume and cost for a particular manufacturing operation. Use α .05 to test whether the production volume is significantly related to the total cost. Show the ANOVA table. What is your conclusion?
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Related Book For 
Statistics For Business And Economics
ISBN: 9780324783247
11th Edition
Authors: Thomas A. Williams, Dennis J. Sweeney, David R. Anderson
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