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Mathematics, 02.12.2019 21:31 templetiggerxyz

Suppose the expected cost of a production run is related to the size of the run by the equation y 5 4000 1 10x. let y denote an observation on the cost of a run. if the variables’ size and cost are related according to the simple linear regression model, could it be the case that psy . 5500 when x 5 100d 5 .05 and p(y . 6500 when x 5 200) 5 .10? explain.

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Suppose the expected cost of a production run is related to the size of the run by the equation y 5...
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