Question: Please help confirm if my answer below is correct. If not, please explain. Production Volume (units) Total Cost ($) 400 3430 450 4080 550 4878

Please help confirm if my answer below is correct. If not, please explain.

explain. Production Volume (units) Total Cost ($) 400 3430 450 4080 550

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 6591An important application of regression in manufacturing is the estimation of cost of production. Based on DATA from Ajax Widgets relating cost {Y} to volume (X), what is the cost per widget? @ 7238 C: 8.21 F\". 7254 k_J (:3. None of the answers are correct Q. 8.75

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