A startup team is interested in creating a productivity app. In estimating the cost of creating the app, they collected sample data and developed the following regression equation: where number of developers b₂= 2 Is number of hours spent creating the app cost of software and testing ($'000) y-total cost of creating app ($'000) a. What is the value of b2 in the equation? y = -8.006 +19.2711 +0.846x2 +1.78623 Yes - b. Does it make sense to interpret bo in this equation? No

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
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Predictions: On
c. Predict the cost of creating an app involving 6 developers, 650 hours and $23,000 in
software and testing costs.
$
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SAMSUNG
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Transcribed Image Text:Predictions: On c. Predict the cost of creating an app involving 6 developers, 650 hours and $23,000 in software and testing costs. $ Accessibility: Investigate Search SAMSUNG I
t Predictions: On
A startup team is interested in creating a productivity app. In estimating the cost of
creating the app, they collected sample data and developed the following regression
equation:
where number of developers
b
2number of hours spent creating the app
Is cost of software and testing ($'000)
y-total cost of creating app ($'000)
a. What is the value of b2 in the equation?
y = -8.006-19.271x1 +0.8462 +1.786x3
b. Does it make sense to interpret bo in this equation?
Yes
No
Accessibility: Investigate
Search
O
W
5
I
Transcribed Image Text:t Predictions: On A startup team is interested in creating a productivity app. In estimating the cost of creating the app, they collected sample data and developed the following regression equation: where number of developers b 2number of hours spent creating the app Is cost of software and testing ($'000) y-total cost of creating app ($'000) a. What is the value of b2 in the equation? y = -8.006-19.271x1 +0.8462 +1.786x3 b. Does it make sense to interpret bo in this equation? Yes No Accessibility: Investigate Search O W 5 I
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