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The regression output for this simple linear regression model is given below: Regression Statistics:
R2=0.6669Adj.R2=0.6613s=12sy=20.6sx=11.3y=96.2x=57.1 NV/A 20. Suppose that you plan to
open a shop that will operate at a rate of 80 cups per hour. What do you predict your total costs
will be? a) $62.19 b) $169.24 c) $300.10 d) Not enough information is given to determine the
answer.

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The regression output for this simple linear regression mode.pdf

  • 1. The regression output for this simple linear regression model is given below: Regression Statistics: R2=0.6669Adj.R2=0.6613s=12sy=20.6sx=11.3y=96.2x=57.1 NV/A 20. Suppose that you plan to open a shop that will operate at a rate of 80 cups per hour. What do you predict your total costs will be? a) $62.19 b) $169.24 c) $300.10 d) Not enough information is given to determine the answer.