The results of the regression analysis to estimate setup costs using the number of setup hours are as follows: SUMMARY OUTPUT Regression Statistics Multiple R 0.965127 R Square 0.931469 Adjusted R Square 0.921679 Standard Error 285.6803 Observations 9 ANOVA df SS MS F Regression 1 7765004 7765004 95.14395 Residual 7 571292.5 81613.21 Total 8 8336296 Coefficients Std Error t Stat P-value Intercept 2498.644 680.6304 3.671073 0.007953 X Variable 1 2.506915 0.257009 9.754176 2.52E–05 What percentage change (rounded to one decimal place) in setup costs can be explained by changes in setup hours? a.95.1% b.96.5% c.25.7% d.none of these e.93.1%
The results of the regression analysis to estimate setup costs using the number of setup hours are as follows: SUMMARY OUTPUT Regression Statistics Multiple R 0.965127 R Square 0.931469 Adjusted R Square 0.921679 Standard Error 285.6803 Observations 9 ANOVA df SS MS F Regression 1 7765004 7765004 95.14395 Residual 7 571292.5 81613.21 Total 8 8336296 Coefficients Std Error t Stat P-value Intercept 2498.644 680.6304 3.671073 0.007953 X Variable 1 2.506915 0.257009 9.754176 2.52E–05 What percentage change (rounded to one decimal place) in setup costs can be explained by changes in setup hours? a.95.1% b.96.5% c.25.7% d.none of these e.93.1%
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
The results of the
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SUMMARY OUTPUT |
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Regression Statistics |
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Multiple R |
0.965127 |
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R Square |
0.931469 |
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Adjusted R Square |
0.921679 |
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Standard Error |
285.6803 |
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Observations |
9 |
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ANOVA |
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df |
SS |
MS |
F |
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Regression |
1 |
7765004 |
7765004 |
95.14395 |
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Residual |
7 |
571292.5 |
81613.21 |
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Total |
8
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8336296 |
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Coefficients |
Std Error |
t Stat |
P-value |
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Intercept |
2498.644 |
680.6304 |
3.671073 |
0.007953 |
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X Variable 1 |
2.506915 |
0.257009 |
9.754176 |
2.52E–05 |
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What percentage change (rounded to one decimal place) in setup costs can be explained by changes in setup hours?
a.95.1%
b.96.5%
c.25.7%
d.none of these
e.93.1%
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