Question: Please see attached le below. For Problem 2, Find the productivity if the number of man-hours is 11.5 and 14.2. Problem Not For example, Master
Please see attached le below. For Problem 2, Find the productivity if the number of man-hours is 11.5 and 14.2. Problem Not For example, Master Chemicals produces bottles of a cleaning lubncant. The activity levels and the attached costs are shown below: Batch Number of Bottles Cost (5) 1 4,100 66,000 2 3,600 53,000 3 3,200 52,100 4 2,360 48,230 5 1,950 36,750 6 1,020 33,000 7 580 17,000 Required: 0n the basis of above data, determine the cost function using the least squares regression method and calculate the total cost at activity levels of 8,000 and 10,000 bottles. Problem No. 2 Number of man-hours and the corresponding productivity [in units) are furnished below. Fit :3 simple linear regression equation 'Y= a + bx applying the method of least squares. \"WEBB! --W
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