Question: 29. Cost Estimation Conclusion. Refer to exercise 21, where data on production volume and cost were used to develop an estimated regression equation relating production

29. Cost Estimation Conclusion. Refer to exercise 21, where data on production volume and cost were used to develop an estimated regression equation relating production volume and cost for a particular manufacturing operation. Use a = .05 to test whether the production volume is significantly related to the total cost. Show the ANOVA table. What is your conclusion?

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