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Name: Sherry is a production manager for a small manufacturing shop and is i
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Description: Sherry is a production manager for a small manufacturing shop and is interested in developing a predictive model to estimate the time to produce an order of a given size---- that is, that total time (in minutes) to produce a certain quantity of the p

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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Sherry is a production manager for a small manufacturing shop and is interested in developing a predictive model to estimate the time to produce an order of a given size---- that is, that total time (in minutes) to produce a certain quantity of the product. She has collected data on the total time to produce 30 different orders of various quantities in the file Setup.

A)Write out the estimated linear regression equation. ( define the variables first.)

B) Interpret the intercept coefficient.

C)Interpret the slope coefficient.

D) Test for a significant relationship. Use α = 0.05.

file Setup

Quantity
105
125
135
141
149
171
190
204
206
240
255
277
299
335
371
388
392
400
421
439
439
455
458
480
486
493
506
586
589
665

Total Time
173
188
222
324
249
318
371
185
250
176
396
226
227
368
490
352
429
411
545
442
320
588
484
512
422
404
700
592
457
642

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