ph/mod/quiz/attempt.php?attempt3932918&lcmid%3D166208page%3D27University53The following excel printout provides information to estimate overhead costs using linear regression:Upper 95%9289.886978.27042244897.78142936.5701299Standard Error t StatP-valueLower 95%Coefficients6035.9870271411.054644.2776420.0026962782.0871InterceptDLHut of4.5584826981.6096837312.8319120.0220850.846543# setups771.102893854.9341831714.036856.44E-07644.4243629.94111242.87467534210.415486.26E-0623.312095# movesestionRegression StatisticsMultiple RR SquareAdjusted R SquareStandard ErrorObservations0.9965844120.993180490.990623174347.956359712a. Write the multiple regression model (round to nearest cent).Answer:54b. What is the estimate of overhead if the department has 1,205 DLH, 55 setups and 125 moves?Answer:out ofquestion

Solution: (a). Write the multiple regression model: A multiple regression equation describes the…

The following excel printout provides information to estimate overhead costs using linear regression: Standard Error t Stat Р-value Lower 95% Upper 95% Coefficients 6035.987027 1411.05464 4.277642 0.002696 2782.0871 9289.88697 Intercept DLH 4.558482698 1.609683731 2.831912 0.022085 0.846543 8.27042244 6.44E-07 6.26E-06 897.781429 36.5701299 644.42436 14.03685 10.41548 # setups 771.1028938 54.93418317 # moves 29.9411124 2.874675342 23.312095 Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations 0.996584412 0.99318049 0.990623174 347.9563597 12 a. Write the multiple regression model (round to nearest cent). Answer: b. What is the estimate of overhead if the department has 1,205 DLH, 55 setups and 125 moves? Answer:

The following excel printout provides information to estimate overhead costs using linear regression: Standard Error t Stat Р-value Lower 95% Upper 95% Coefficients 6035.987027 1411.05464 4.277642 0.002696 2782.0871 9289.88697 Intercept DLH 4.558482698 1.609683731 2.831912 0.022085 0.846543 8.27042244 6.44E-07 6.26E-06 897.781429 36.5701299 644.42436 14.03685 10.41548 # setups 771.1028938 54.93418317 # moves 29.9411124 2.874675342 23.312095 Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations 0.996584412 0.99318049 0.990623174 347.9563597 12 a. Write the multiple regression model (round to nearest cent). Answer: b. What is the estimate of overhead if the department has 1,205 DLH, 55 setups and 125 moves? Answer:

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter3: Functions And Graphs

Section3.3: Lines

Problem 76E

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