Short Answer
SCENARIO 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:
-Referring to Scenario 13-12, predict the amount of time it would take to process 150 loan applications.
Correct Answer:

Verified
Correct Answer:
Verified
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