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  3. the estimated regression equation is 1246.677.6x.

The estimated regression equation is 1246.677.6x. Use a 0.05 to test whether the production volume...

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Finance

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The estimated regression equation is 1246.677.6x. Use a 0.05 to test whether the production volume is significantly related to the total cost. Complete the ANOVA table. Enter all values with nearest whole number, except the F test statistic (to 2 decimals) and the p-value (to 4 decimals). Use Table 1 of Appendix B. Production Volume (units) Total Cost (S) 400 4000 450 5000 550 5400 600 5900 700 6400 750 7000 Source of Degrees of Sum Mean p-value Variation of Squares F Freedom Square Regression Error Total What is your conclusion? - Select your answer Conclude production volume and total cost are related Do not conclude production volume and total cost are related

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