The following data show the results of random sample of 10 batches of one pattern of product: Sample Batch Size X Support Costs Y 1 10 10$ 2 12 15 3 15 20 4 20 22 5 10 15 6 25 25 7 20 30 8 12 10 9 15 20 10 30 30 Calculate: Using regression analysis (Y=a + bx ) and predict support cost for a batch size X = $10 then what is Mixed Cost ?
The following data show the results of random sample of 10 batches of one pattern of product: Sample Batch Size X Support Costs Y 1 10 10$ 2 12 15 3 15 20 4 20 22 5 10 15 6 25 25 7 20 30 8 12 10 9 15 20 10 30 30 Calculate: Using regression analysis (Y=a + bx ) and predict support cost for a batch size X = $10 then what is Mixed Cost ?
Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Chapter8: Time Series Analysis And_forecasting
Section: Chapter Questions
Problem 14P: The following time series shows the sales of a particular product over the past 12...
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Question
- The following data show the results of random sample of 10 batches of one pattern of product:
|
Sample |
Batch Size X |
Support Costs Y |
|
1 |
10 |
10$ |
|
2 |
12 |
15 |
|
3 |
15 |
20 |
|
4 |
20 |
22 |
|
5 |
10 |
15 |
|
6 |
25 |
25 |
|
7 |
20 |
30 |
|
8 |
12 |
10 |
|
9 |
15 |
20 |
|
10 |
30 |
30 |
Calculate:
Using regression analysis (Y=a + bx ) and predict support cost for a batch size X = $10 then what is Mixed Cost ?
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