Question: Please help show work in answering C. D. and E. using provided formulas. C. Using linear regression as a prediction tool, determine a formula for
Please help show work in answering C. D. and E. using provided formulas.
C. Using linear regression as a prediction tool, determine a formula for this relationship.


\fRegression formula (linear): Y 2 (IX + b m X)(r r) : Slope (a) = XXX )?)2 Intercept (b) = l7 a)? = D. Using your above formula, estimate how many orders per hour you should schedule to fulfill in a day ifthere are an average of 16 line items per order. (2 points) E. What other variables could you consider as part of a multiple regression analysis to improve this estimate? (2 points)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
