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TABLE 13-12 The Manager of the Purchasing Department of a Large Saving

Question 139

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TABLE 13-12
The manager of the purchasing department of a large saving and loan organization would like to develop a model to predict the amount of time (measured in hours) it takes to record a loan application. Data are collected from a sample of 30 days, and the number of applications recorded and completion time in hours is recorded. Below is the regression output:
TABLE 13-12 The manager of the purchasing department of a large saving and loan organization would like to develop a model to predict the amount of time (measured in hours)  it takes to record a loan application. Data are collected from a sample of 30 days, and the number of applications recorded and completion time in hours is recorded. Below is the regression output:     Note: 4.3946E-15 is 4.3946 ×            -Referring to Table 13-12, the error sum of squares (SSE)  of the above regression is A)  0.1117. B)  3.1282. C)  25.9438. D)  29.0720.
Note: 4.3946E-15 is 4.3946 ×
TABLE 13-12 The manager of the purchasing department of a large saving and loan organization would like to develop a model to predict the amount of time (measured in hours)  it takes to record a loan application. Data are collected from a sample of 30 days, and the number of applications recorded and completion time in hours is recorded. Below is the regression output:     Note: 4.3946E-15 is 4.3946 ×            -Referring to Table 13-12, the error sum of squares (SSE)  of the above regression is A)  0.1117. B)  3.1282. C)  25.9438. D)  29.0720.
TABLE 13-12 The manager of the purchasing department of a large saving and loan organization would like to develop a model to predict the amount of time (measured in hours)  it takes to record a loan application. Data are collected from a sample of 30 days, and the number of applications recorded and completion time in hours is recorded. Below is the regression output:     Note: 4.3946E-15 is 4.3946 ×            -Referring to Table 13-12, the error sum of squares (SSE)  of the above regression is A)  0.1117. B)  3.1282. C)  25.9438. D)  29.0720.
TABLE 13-12 The manager of the purchasing department of a large saving and loan organization would like to develop a model to predict the amount of time (measured in hours)  it takes to record a loan application. Data are collected from a sample of 30 days, and the number of applications recorded and completion time in hours is recorded. Below is the regression output:     Note: 4.3946E-15 is 4.3946 ×            -Referring to Table 13-12, the error sum of squares (SSE)  of the above regression is A)  0.1117. B)  3.1282. C)  25.9438. D)  29.0720.
-Referring to Table 13-12, the error sum of squares (SSE) of the above regression is


A) 0.1117.
B) 3.1282.
C) 25.9438.
D) 29.0720.

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