Question: Coefficients Standard error t Stat P-value Lower 95% Upper 95% Intercept 6035.987027 1411.05464 4.277642 0.002696 2782.0871 9289.88697 DLH 4.558482698 1.609683731 2.831912 0.022085 0.846543 8.27042244 #

Coefficients Standard error t Stat P-value Lower 95% Upper 95%
Intercept 6035.987027 1411.05464 4.277642 0.002696 2782.0871 9289.88697
DLH 4.558482698 1.609683731 2.831912 0.022085 0.846543 8.27042244
# setups 771.1028938 54.93418317 14.03685 6.44E-07 644.42436 897.781429
# moves 29.9411124 2.874675342 10.41548 6.26E-06 23.312095 36.5701299

Regression Statistics
Multiple R 0.996584412
R square 0.99318049
Adjusted R square 0.990623174
Standard error 347.9563597
Observations 12

Required:

  1. Write the multiple regression model (round to the nearest cent).(5 points)
  2. What is the estimate of overhead if the department has 1,205 DLH, 55 setups, and 125 moves?(5 points)

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