Q1. We use the data for Space Mars of cost driver and Indirect ManufacturingLabor Costs.(Data)weekcost driver: Machine Hours(X)Indirect Manufacturing Labor Costs(Y)68701,2001,400167(lowest)90(highest)71,18081,650(Results)SUMMARY OUTPUTRegression StatisticsMultiple RR SquareAdjusted RSquareStandardError0.9655040.9321980.9208974.097673Observations8ANOVASignificance F1E-04dfSMSFRegression11385.1291385.12982.49274Residual6100.745616.79093Total71485.875StandardErrorCoefficientst StatP-valueInterceptX Variable-62.007714.4556-4.289530.0051520.1057750.0116469.0825511E-04(a) What is the estimated indirect labor cost based on the regression line whenX=75?(b) Evaluate the goodness of fitness of this regression line.(c) Describe the meaning of R(d) Explain the meaning of F(e) Estimate Indirect Manufacturing Labor Costs(Y) function by using "High LowMethod"2.

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QI. We use the data for Space Mars of cost driver and Indirect_Manufacturing Labor Costs. (Data) cost driver: Machine Hours(X) Indirect Manufacturing Labor Costs(Y) 1,200 week 1 68 70 1,400 67(lowest) 90(highest) 7 1,180 8 1,650 (Results) SUMMARY OUTPUT

QI. We use the data for Space Mars of cost driver and Indirect_Manufacturing Labor Costs. (Data) cost driver: Machine Hours(X) Indirect Manufacturing Labor Costs(Y) 1,200 week 1 68 70 1,400 67(lowest) 90(highest) 7 1,180 8 1,650 (Results) SUMMARY OUTPUT

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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