Problem 1.The general manager of a building materials production plant feels that the demand for plasterboard shipments may be related to the number of construction permits issued in the county during the previous quarter. The manager has collected the data shown in Table. (a) Compute values for the slope b and intercept a and fit the linear equation (b) Determine a point estimate for plasterboard shipments when the number of construction permits is 30. Construction pemit 0 Piaaterbord shipmanta ( 35 16

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Chapter1: Starting With Matlab
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Problem
1.The general manager of a building materials production plant feels that
the demand for plasterboard shipments may be related to the number of
construction permits issued in the county during the previous quarter.
The manager has collected the data shown in Table.
(a) Compute values for the slope b and intercept a and fit the linear
equation
(b) Determine a point estimate for plasterboard shipments when the
number of construction permits is 30.
Construction permite (X)
15
Planterboard shipments (Y)
40
20
25
of
13
25
15
35
16
Transcribed Image Text:Problem 1.The general manager of a building materials production plant feels that the demand for plasterboard shipments may be related to the number of construction permits issued in the county during the previous quarter. The manager has collected the data shown in Table. (a) Compute values for the slope b and intercept a and fit the linear equation (b) Determine a point estimate for plasterboard shipments when the number of construction permits is 30. Construction permite (X) 15 Planterboard shipments (Y) 40 20 25 of 13 25 15 35 16
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