In a study of variables that affect productivity in the retail grocery trade, W.S. Good uses value added per work-hour to measure the productivity of retail grocery outlets. He defines "value added" as "the surplus [money generated by the business] available to pay for labor, furniture and fixtures, and equipment." Data consistent with the re- lationship between value added per work-hour y and the size x of a grocery outlet de- scribed in Good's article are shown in Table 13.2 for 10 fictitious grocery outlets. Choose a model to relate y to x.

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Chapter1: Starting With Matlab
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P
E 13.2
1
In a study of variables that affect productivity in the retail grocery trade, W.S. Good
uses value added per work-hour to measure the productivity of retail grocery outlets.
He defines "value added" as "the surplus [money generated by the business] available
to pay for labor, furniture and fixtures, and equipment." Data consistent with the re-
lationship between value added per work-hour y and the size x of a grocery outlet de-
scribed in Good's article are shown in Table 13.2 for 10 fictitious grocery outlets.
Choose a model to relate y to x.
Data on Store Size and Value Added
Value Added per Work-Hour, y (S)
Size of Store (thousand square feet), x
Store
1
4.08
21.0
2
3.40
12.0
3.51
25.2
3.09
10.4
2.92
30.9
1.94
6.8
4.11
19.6
3.16
14.5
3.75
25.0
3.60
19.1
134567890
Transcribed Image Text:P E 13.2 1 In a study of variables that affect productivity in the retail grocery trade, W.S. Good uses value added per work-hour to measure the productivity of retail grocery outlets. He defines "value added" as "the surplus [money generated by the business] available to pay for labor, furniture and fixtures, and equipment." Data consistent with the re- lationship between value added per work-hour y and the size x of a grocery outlet de- scribed in Good's article are shown in Table 13.2 for 10 fictitious grocery outlets. Choose a model to relate y to x. Data on Store Size and Value Added Value Added per Work-Hour, y (S) Size of Store (thousand square feet), x Store 1 4.08 21.0 2 3.40 12.0 3.51 25.2 3.09 10.4 2.92 30.9 1.94 6.8 4.11 19.6 3.16 14.5 3.75 25.0 3.60 19.1 134567890
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