Essay
Exhibit 9.1
The following questions are based on the problem description and spreadsheet below.
A company has built a regression model to predict the number of labor hours (Yi) required to process a batch of parts (Xi). It has developed the following Excel spreadsheet of the results. 
-Refer to Exhibit 9.1. Test the significance of the model and explain which values you used to reach your conclusions.
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Q32: What is the formula for total sum
Q33: When using the Regression tool in Excel
Q34: Exhibit 9.2<br>The following questions are based on
Q35: Exhibit 9.1<br>The following questions are based on
Q36: Exhibit 9.1<br>The following questions are based on
Q38: What goodness-of-fit measure is commonly used to
Q39: The regression line denotes the _ between
Q40: In the equation Y = β<sub>0</sub> +
Q41: The term ε in the regression model
Q42: Exhibit 9.2<br>The following questions are based on