Using the least squares, the estimate of the fixed portion of maintenance costs (rounded to thousand pesos) is The following information is available for maintenance costs: Month Production Volume Maintenance Costs June 150 P500 July August September October November 230 620 380 800 120 480 11 23 270 710 P321 O P131 O P115 O P332

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Question

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Using the least squares, the estimate of the fixed portion of maintenance
costs (rounded to thousand pesos) is
The following information is available for maintenance costs:
Month
Production Volume
Maintenance Costs
June
150
P500
July
August
September
230
620
380
800
120
480
October
11
23
November
270
710
P321
O P131
O P115
O P332
Transcribed Image Text:Using the least squares, the estimate of the fixed portion of maintenance costs (rounded to thousand pesos) is The following information is available for maintenance costs: Month Production Volume Maintenance Costs June 150 P500 July August September 230 620 380 800 120 480 October 11 23 November 270 710 P321 O P131 O P115 O P332
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