Question: Suppose cost data for Example 16.2 in the textbook (Pages 916-918) are summarized in the table below. Please write down the values of x and
Suppose cost data for Example 16.2 in the textbook (Pages 916-918) are summarized in the table below. Please write down the values of x and x (please use GAMS to calculate) for the nonlinear regression form r(p) = xpx that provides an optimal fit.
i
Number
Cost
Pi
19
qi
1
7.9
2
20.0
2
9
13.1
3
4
16.4
4
5
5
19.5
6
6
13.0
7
3
17.0
8
12
14
8.0
9
9.2
10
17
6.3
11
12
1
42.0
20
5.1
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