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. E Click the icon to view the Helicopter Data The residuals plot has points randomly scattered about zero. Therefore, this data be modeled with a linear model can clusters of points points randomly scattered about zero a nonlinear shape no apparent pattern.

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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 points randomly scattered about zero.
Therefore, this data
be modeled with a linear model.
can
clusters of points.
points randomly scattered about zero.
a nonlinear shape.
P
no apparent pattern.
Transcribed Image Text:Help 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 points randomly scattered about zero. Therefore, this data be modeled with a linear model. can clusters of points. points randomly scattered about zero. a nonlinear shape. P no apparent pattern.
Helicopter Number
Labor Hours
2000
2
1450
1240
4.
1144
1074
6.
1025
981
8.
959
Transcribed Image Text:Helicopter Number Labor Hours 2000 2 1450 1240 4. 1144 1074 6. 1025 981 8. 959
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