Question: i need help solving this problem please. Ohio Swiss Milk Products montuctures and dintributes to coom in Oro, Kentucky and West Vagina. The company wants
i need help solving this problem please.
Ohio Swiss Milk Products montuctures and dintributes to coom in Oro, Kentucky and West Vagina. The company wants to expand operations by Socing another plant in northern Ohio The size of the now plant will be a function of the expected demand for ice cream within the area served by the plant A market surveys Currently under way to deformine that demand Ohio Swiss wants to estimate the relationship between the manufacturing cont per alion and the number of niets sold by a year to delirmine the destand for all cream and thus the size of the new plant. The following dats have been colloded Plant Cost pet Thousand Gallons Thousands of Gallons Fold ( 31.030 4283 955 4919 1030 28 1,000 3721 100 2580 957 6125 907 4140 1040 2533 1020 3513 $10.167 26/12 Develop a regression oguntion to Grocust the cont per thousand guilts is a function of the number of thousands of gatom produced The forecasting model is given by the bustion Y -0-X (hnter your responses rounded to wo decimet po 2 3 4 5 1,001 2524 2 8 0 10 Total
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