The Helicopter Division of Aerospatiale is studying assembly costs at its Marseilles plant Past data indicates the accompanying data of number of labor hours per helicopter. Reduction in labor hours over time is often called a "learning curve" phenomenon. Using these data, apply simple linear regression and examine the residual plot What do you conclude? Construct a scatter chart and use the Excel Trendline feature to identify the best type of curvilinear trendline (but not going beyond a second-order polynomial) that maximizes R? Click the icon to view the Helicopter Data Therefore, this data v be modeled with a linear model The residuals plot has

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The Helicopter Division of Aerospatiale is studying assembly costs at its Marseilles plant. Past data indicates the accompanying data of number of labor hours per helicopter. Reduction in labor hours over time is often called a "learning curve"
phenomenon. Using these data, apply simple linear regression and examine the residual plot. What do you conclude? Construct a scatter chart and use the Excel Trendline feature to identify the best type of curvilinear trendline (but not going beyond a
second-order polynomial) that maximizes R2.
Click the icon to view the Helicopter Data.
The residuals plot has
Therefore, this data
be modeled with a linear model.
Transcribed Image Text:The Helicopter Division of Aerospatiale is studying assembly costs at its Marseilles plant. Past data indicates the accompanying data of number of labor hours per helicopter. Reduction in labor hours over time is often called a "learning curve" phenomenon. Using these data, apply simple linear regression and examine the residual plot. What do you conclude? Construct a scatter chart and use the Excel Trendline feature to identify the best type of curvilinear trendline (but not going beyond a second-order polynomial) that maximizes R2. Click the icon to view the Helicopter Data. The residuals plot has Therefore, this data be modeled with a linear model.
2.
m45 670
Helicopter Number
Labor Hours
000
1475
1.
1239
3.
1140
41
1072
1027
69
983
956
Transcribed Image Text:2. m45 670 Helicopter Number Labor Hours 000 1475 1. 1239 3. 1140 41 1072 1027 69 983 956
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