Accu-Copiers, Inc., sells and services the Accu-500 copying machine. As part of its standard service contract, the company agrees to perform routine services on this copier. To obtain information about the time it takes to perform routine service, the company has collected data for 11 service calls. (.xls file is also provided) Service Call 1 2 3 4 5 6 7 8 9 10 11 Number of Copiers Serviced (x) 4 2 5 7 1 3 4 5 2 4 6 Number of Minutes Required(y) 109 58 138 189 37 82 103 134 68 112 154 a) Use the software of your choice (R, Minitab, ...) to show the scatter plot of x and y. b) Based on the scatter plot, discuss why the simple linear regression model might be a good fit. c) Calculate the regression line coefficients using the formulas. (include all the steps) d) Use the software and fit the regression line. Also provide the plot. e) Interpret the meaning of the slope B1 f) Interpret the meaning of the y-intercept Bo g) If they want to service 10 copiers what is your expectation about the required time. h) Find an estimation for the variability of the model.
Accu-Copiers, Inc., sells and services the Accu-500 copying machine. As part of its standard service contract, the company agrees to perform routine services on this copier. To obtain information about the time it takes to perform routine service, the company has collected data for 11 service calls. (.xls file is also provided) Service Call 1 2 3 4 5 6 7 8 9 10 11 Number of Copiers Serviced (x) 4 2 5 7 1 3 4 5 2 4 6 Number of Minutes Required(y) 109 58 138 189 37 82 103 134 68 112 154 a) Use the software of your choice (R, Minitab, ...) to show the scatter plot of x and y. b) Based on the scatter plot, discuss why the simple linear regression model might be a good fit. c) Calculate the regression line coefficients using the formulas. (include all the steps) d) Use the software and fit the regression line. Also provide the plot. e) Interpret the meaning of the slope B1 f) Interpret the meaning of the y-intercept Bo g) If they want to service 10 copiers what is your expectation about the required time. h) Find an estimation for the variability of the model.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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