Write the model specification and define the variables for a multiple regression model to predict the cost

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Write the model specification and define the variables for a multiple regression model to predict the cost per unit produced as a function of factory type (indicated as classic technology, computer-controlled machines, and computer-controlled material handling), and as a function of country (indicated as Colombia, South Africa, and Japan).
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Statistics For Business And Economics

ISBN: 9780132745659

8th Edition

Authors: Paul Newbold, William Carlson, Betty Thorne

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