Question: One possible model for the manufacturing process of Exercise is the following: Dependent variable is: Log( Cost per unit) R squared = 90.1% R squared

One possible model for the manufacturing process of Exercise is the following:

Dependent variable is: Log( Cost per unit)

R squared = 90.1% R squared (adjusted) = 89.3%

s = 0.0841 with 15 - 2 = 13 degrees of freedom

Variabl Coefficient SE(Coeff) t-ratio P-value Intercept 0.7618 0.0405 18.8

Using this model, predict the cost per unit in a batch of 300.

Variabl Coefficient SE(Coeff) t-ratio P-value Intercept 0.7618 0.0405 18.8

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