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What statement?
Where is the he statement?
You would do 78/4 which equals 19.5. Hope this helps!
Answer:
Y = 7.60X + 1246.67
Step-by-step explanation:
Given the data:
Production Volume (units) Total Cost ($)
400 4000
450 5000
550 5400
600 5900
700 6400
750 7000
Using technology, the linear regression calculator, the regression model obtained by fitting the data is :
Y = 7.60X + 1246.67 ; which is the model giving the relationship between Production volume, x and total cost, y.
Slope = 7.60
Intercept = 1246.67
Answer:
b = -17
Plug it in to find maybe correct answer if not sure next time.
