Maurice Tutor

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    Argosy University/ Phoniex University/
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    Phoniex University
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Category > Accounting Posted 24 Jul 2017 My Price 5.00

Wyoming Wholesale

(Least squares)Wyoming Wholesale has gathered the following data on the number of shipments received and the cost of receiving reports for the first seven weeks of 2010.

Number of Shipments Received

Weekly Cost of Receiving Reports

50

$175

44

162

40

154

35

142

53

185

58

200

60

202

a. Using the least squares method, develop the equation for predicting weekly receiving report costs based on the number of shipments received.

b. What is the predicted amount of receiving report costs for a month (assume a month is exactly four weeks) in which 165 shipments are received?

Answers

Maurice Tutor
(5)
Status NEW Posted 24 Jul 2017 12:07 AM My Price 5.00

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