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Using regression analysis, the expected cost at 40 kJ would be   Question 5Answer a. $296 b. $285 c. $102 d. $162

Using regression analysis, the expected cost at 40 kJ would be   Question 5Answer a. $296 b. $285 c. $102 d. $162

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question

A summary of total charges from a small café’s natural gas bills is provided below:

Month

kJ

Cost

October

14

$187

November

17

187

December

30

230

January

35

264

February

33

270

March

20

200

Using regression analysis, the expected cost at 40 kJ would be

 

Question 5Answer

a.

$296

b.

$285

c.

$102

d.

$162

A summary of total charges from a small café's natural gas bills is provided below: Month KJ Cost October 14 $187 November 17 187 December 30 230 January 35 264 February 33 270 March 20 200 Using regression analysis, the expected cost at 40 kJ would be a. $296 b. $285 c. $102 d. $162
Transcribed Image Text:A summary of total charges from a small café's natural gas bills is provided below: Month KJ Cost October 14 $187 November 17 187 December 30 230 January 35 264 February 33 270 March 20 200 Using regression analysis, the expected cost at 40 kJ would be a. $296 b. $285 c. $102 d. $162
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