Question: (a) Using the data in Exercise 2-21, estimate the relationship between machine hours and units produced using linear regression. (b) Do you have any concerns

(a) Using the data in Exercise 2-21, estimate the relationship between machine hours and units produced using linear regression.

(b) Do you have any concerns with the estimate you produced in part (a)?

Data from Exercises 2-21

This production data was recorded during the last quarter of operations at Metal Company.

WEEK 1...... 2.... 3... 4... 5..... 6..... 7.... 8.... 9.... 10..... 11...

WEEK 1...... 2.... 3... 4... 5..... 6..... 7.... 8.... 9.... 10..... 11... 12... UNITS MACHINE HOURS PRODUCED 1,692 1,330 1,559 1,633 1,432 1,572 1,372 1,433 1,795 1,464 1,723 1,278 4,153 2,529 3,184 3,531 2,893 2,282 2,955 3,016 4,200 2,772 2,166 2,507

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