Question: I NEED HELP SOLVING THIS ON EXCEL -What is the critical value for level ofsignificance and table parameters in DATA? DATA IS BELOW: Level of
I NEED HELP SOLVING THIS ON EXCEL
-What is the critical value for level ofsignificance and table parameters in DATA?
DATA IS BELOW:
| Level of Significance | 0.01 | |
| Number of Rows | 1 | |
| Number of Columns | 8 |
AND THIS:
An important application of regression in manufacturing is the estimation of cost of production. Based on DATAfrom Ajax Widgets relating cost (Y) to volume (X), what is the cost per widget?
HERE'S THE DATA:
| Production Volume (units) | Total Cost ($) |
| 400 | 3430 |
| 450 | 4080 |
| 550 | 4878 |
| 600 | 4884 |
| 700 | 5913 |
| 750 | 6402 |
| 425 | 4273 |
| 475 | 4362 |
| 575 | 5089 |
| 625 | 5446 |
| 725 | 6017 |
| 775 | 6591 |
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