Maurice Tutor

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    Argosy University/ Phoniex University/
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Category > Management Posted 04 Nov 2017 My Price 4.00

Breakdowns of machines

8.13              Assembly line breakdowns. Breakdowns of machines that produce steel cans are very costly. The more breakdowns, the fewer cans produced, and the smaller the company’s profits. To help anticipate profit loss, the owners of a can company would like to find a model that will predict the number of breakdowns on the assembly line. The model proposed by the company’s statisticians is the following:

y = β0 + β1x1 + β2x2 + β3x3 + β4x4 + ε

where y is the number of breakdowns per 8-hour shift,

 

(c)    Given the nature of the response variable y and the pattern detected in part a, what model adjustments would you recommend?

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Maurice Tutor
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Status NEW Posted 04 Nov 2017 07:11 PM My Price 4.00

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