Based on the following data - (a) units produced from September to December are as follows: 18,900, 17,500, 21,200, 23,400; (b) total cost are as follows: P1,240,800, P1,198,000, P1,374,200, P1,563,800. What is the cost function using least-squares regression analysis? a. y = 79,822 + 62.44x b. y = 113,000 + 62x c. y = 81,000 + 62x d. y = 113,000 + 62.44x

Based on the following data - (a) units produced from September to December are as follows: 18,900, 17,500, 21,200, 23,400; (b) total cost are as follows: P1,240,800, P1,198,000, P1,374,200, P1,563,800. What is the cost function using least-squares regression analysis? a. y = 79,822 + 62.44x b. y = 113,000 + 62x c. y = 81,000 + 62x d. y = 113,000 + 62.44x

Linear Algebra: A Modern Introduction

4th Edition

ISBN:9781285463247

Author:David Poole

Publisher:David Poole

Chapter7: Distance And Approximation

Section7.3: Least Squares Approximation

Problem 31EQ

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Based on the following data - (a) units produced from September to December are as follows: 18,900, 17,500, 21,200, 23,400; (b) total cost are as follows: P1,240,800, P1,198,000, P1,374,200, P1,563,800. What is the cost function using least-squares regression analysis?
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