he following data gives the experience of the machine operators and their performance ratings as given by the number of good parts turned out per 100 pieces. Experience(X) 16 12 18 4 3 10 5 12 Performance Ratings (Y) 88 87 89 68 78 80 75 83 Obtain the regression line of performance ratings on experience and estimate the probable performance if the operator has 7 years of experience
he following data gives the experience of the machine operators and their performance ratings as given by the number of good parts turned out per 100 pieces. Experience(X) 16 12 18 4 3 10 5 12 Performance Ratings (Y) 88 87 89 68 78 80 75 83 Obtain the regression line of performance ratings on experience and estimate the probable performance if the operator has 7 years of experience
Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter4A: Problems In Applying The Linear Regression Model
Section: Chapter Questions
Problem 2E
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Question
The following data gives the experience of the machine operators and their
performance ratings as given by the number of good parts turned out per 100
pieces.
Experience(X) 16 12 18 4 3 10 5 12
Performance Ratings (Y) 88 87 89 68 78 80 75 83
Obtain the regression line of performance ratings on experience and estimate the
probable performance if the operator has 7 years of experience.
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