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Week X1 1 2 3 4 5 6 7 8 9 10 11 Units Hours Pos 12 198 478 239 418 252 398 317 340 425 142 419 158 X2 R-Squared 42 69 51 65 51 58 62 66 47 46 58 58 X3 159 285 97 204 167 179 177 219 239 68 309 107 You have selected Labor Hours (X2) as your independent variable. Run a simple (single variable) regression and report the information from the regression output: (round all values to two decimal places)

Week X1 1 2 3 4 5 6 7 8 9 10 11 Units Hours Pos 12 198 478 239 418 252 398 317 340 425 142 419 158 X2 R-Squared 42 69 51 65 51 58 62 66 47 46 58 58 X3 159 285 97 204 167 179 177 219 239 68 309 107 You have selected Labor Hours (X2) as your independent variable. Run a simple (single variable) regression and report the information from the regression output: (round all values to two decimal places)

MATLAB: An Introduction with Applications
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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R-Squared = Intercept (a) -> Coefficient = T-stat = Slope -> Coefficient = T-stat=
Spartans Inc. has observed the following costs over the past 12 months: Week Costs ($) $14,300 $22,800 $14,665 $21,453 $18,445 $18,378 $18,178 $19,848 $18,037 $14,162 1 2 3 4 5 6 7 8 9 10 11 12 $21,439 Week $16,432 As the cost accountant, you have identified thee potential cost drivers: number of units produced (X1), number of labor hours (X2), and number of purchase orders (X3). You have collected data on these three cost drivers, displayed below: Units Hours POs X1 X2 X3
Transcribed Image Text:Spartans Inc. has observed the following costs over the past 12 months: Week Costs ($) $14,300 $22,800 $14,665 $21,453 $18,445 $18,378 $18,178 $19,848 $18,037 $14,162 1 2 3 4 5 6 7 8 9 10 11 12 $21,439 Week $16,432 As the cost accountant, you have identified thee potential cost drivers: number of units produced (X1), number of labor hours (X2), and number of purchase orders (X3). You have collected data on these three cost drivers, displayed below: Units Hours POs X1 X2 X3
Week X1 1 2 3 4 5 6 7 8 9 10 11 Units Hours Pos 12 198 478 239 418 252 398 317 340 425 142 419 158 X2 R-Squared 42 69 51 65 51 58 62 66 47 46 58 58 X3 159 285 97 204 167 179 177 219 239 68 309 107 You have selected Labor Hours (X2) as your independent variable. Run a simple (single variable) regression and report the information from the regression output: (round all values to two decimal places)
Transcribed Image Text:Week X1 1 2 3 4 5 6 7 8 9 10 11 Units Hours Pos 12 198 478 239 418 252 398 317 340 425 142 419 158 X2 R-Squared 42 69 51 65 51 58 62 66 47 46 58 58 X3 159 285 97 204 167 179 177 219 239 68 309 107 You have selected Labor Hours (X2) as your independent variable. Run a simple (single variable) regression and report the information from the regression output: (round all values to two decimal places)
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