Ford Motor Company reports the average labor cost per hour (earnings plus benefits) for 19932002. Fit a
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Yer Labor Cost YLabor Cost 1993 $39.06/hour 1998 1994 1995 1996 41.77 1997 43.55 40.94 40.45 45.72 47.37 48.44 1999 2000 41.73 2001 2002 52.65
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Quadratic trend equation With 1993 coded as x 1 the equation is Cost 383268 0794...View the full answer
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