Question: D Question 2 3.03 pts Assume a regression analysis yields a regression line with the 1luralues Y = $103,000 + $.09K, where Y equals plant




D Question 2 3.03 pts Assume a regression analysis yields a regression line with the 1luralues Y = $103,000 + $.09K, where Y equals plant labor costs and X equals dollars of production output. If the companyr plans to produce $2,400,000 of product during the upcoming month, it would project plant labor costs to be: If) None of these. Assume a regression analysis yields a regression line with the values Y = $129,090 + $.09X, where Y equals plant labor costs and X equals dollars of production output. The standard error of the estimate is $34,900. The appropriate "2" value for a 95% condence interval is 1.96. If the company plans to produce $2,300,090 of product during the upcoming month, what is the projected range of plant labor costs for the month? If;- $2&D,36to $393,343. If\") $266,36Dto $239,343. If\") $259,36Dto $393,343. If;- $269,36to $403,64. If\") $233,3sotu $393,343. If) None of these
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