8:22l LTE OThe following data relates the machine hours incurred in the production process.The company is considering machine hours to estimate manufacturing costs.VariableConstantIndependent variable 230r2 = 0.82Coefficient115Standard Error82.73t-Value1.392.18105.50a. What is the cost estimation equation using the data above?b.What is the estimated cost of producing 500 units?c. Is machine hours reliable in estimating manufacturing costs in this example? Why or whynot - give one reason based on the statistical data provided in the table above.Add a caption...

The results shows the machine hours incurred in the production process.

Answered: The following data relates the machine…

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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A chemical process was studied using a 2k design. Using ANOVA, the results have been modeled to produce the following linear equation in coded units: Vield =28.360+0.615 Temperature +0.485 Time Along the direction of steepest ascent. how many coded units must be moved in the Time direction for each step of one coded unit in the Temperature direction? Express your answer to 3 decimal places (XXXXX) Your Answer:
Can you help me calculate the statistic and p-value for the following equation?
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Joan's Nursery specializes in custom-designed landscaping for residential areas. The estimated labor cost associated with a particular landscaping proposal is based on the number of plantings of trees, shrubs, and so on to be used for the project. For cost estimating purposes, managers use two hours of labor time for the planting of a medium- sized tree. Actual times from a sample of 10 plantings during the past month follow (times in hours). Select your answer - 2 t Họ:1 H₂H b. Compute the sample mean. (to 2 decimals) c. Compute the sample standard deviation. (to 4 decimals) d. Find the test statistic and p-value. (Use Table 2 in Appendix B.) - Select your answer - 2 ✓ (to 3 decimals) 2.9 3.4 With a 0.05 level of significance, test to see whether the mean tree-planting time differs from two hours. a. State the null and alternative hypotheses. Select your answer - 1.5 v 2.4 1.6 4 2.6 p-value e. What is your conclusion? We Select your answer-reject the null hypothesis. There - Select…
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