Odessa, Incorporated, manufactures one model of computer desk. The following data are available regarding units shipped...

 

Transcribed Image Text:

Odessa, Incorporated, manufactures one model of computer desk. The following data are available regarding units shipped and total shipping costs: Month January February March April May June July Number of Units Total Shipping Shipped 25 80 30 65 40 55 70 Cost $ 1,450 3,650 1,500 3,700 2,750 3,150 4,150 Perform a least-squares regression analysis on Odessa's data. Note: Use Microsoft Excel or a statistical package to find the coefficients using least-squares regression. Round your ans to 2 decimal places. Intercept X Variable Coefficients Odessa, Incorporated, manufactures one model of computer desk. The following data are available regarding units shipped and total shipping costs: Month January February March April May June July Number of Units Total Shipping Shipped 25 80 30 65 40 55 70 Cost $ 1,450 3,650 1,500 3,700 2,750 3,150 4,150 Perform a least-squares regression analysis on Odessa's data. Note: Use Microsoft Excel or a statistical package to find the coefficients using least-squares regression. Round your ans to 2 decimal places. Intercept X Variable Coefficients

Answer rating: 100% (QA)

To perform a least square regression analysis on Odessa Incorporateds data we need to determine the ... View the full answer