. Using POM for Windows' least squares-linear regression module, develop a relationship to forecast production ratings from test scores. (Round your responses to three decimal nd include a minus sign if necessary.)
. Using POM for Windows' least squares-linear regression module, develop a relationship to forecast production ratings from test scores. (Round your responses to three decimal nd include a minus sign if necessary.)
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Transcribed Image Text:A manufacturing firm has developed a skills test, the scores from which can be used to predict workers' production rating factors.
Click the icon to view the data on the test scores of various workers and their subsequent production ratings.
a. Using POM for Windows' least squares-linear regression module, develop a relationship to forecast production ratings from test scores. (Round your responses to three decimal places
and include a minus sign if necessary.)
Y=D+x
where Y = Production rating and X= Test score.
- X
More info
Production
Rating
Test
Test
Production
Worker
Worker
Score
Score
Rating
A
55
43
K
58
57
B
38
43
L
75
75
93
87
67
48
D
86
77
N
31
26
E
88
82
62
49
66
68
24
25
55
47
Q
78
84
50
46
R.
34
32
41
41
S
51
58
J
69
74
39
30
FCHI-
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