Question: am not trust my answer this question. need help... Suppose you are given a set of data for output at a company which manufactures detergents

am not trust my answer this question. need help... Suppose you

am not trust my answer this question. need help...

Suppose you are given a set of data for output at a company which manufactures detergents over a period of time. You have determined a relation between total operating cost an quantity produced and is given by the linear regression model as follows: d the TC 3,000+250Q, where TC Total Operating Cost (in K) per annum and Q- Quantity produced per annum Required: i. Determine the total operating cost in the event that S Marks ii. What do you think would be your reservations in relaying on the linear regression model for budgetary planning quantity of production is at 3,400 and 5,500 units 20 Marks purposes? 25 Marks Question THREE

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