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Mathematics, 31.05.2021 14:40 RivvytheFanboy6510
A company want to find out if there is a linear relationship between indirect labor expense (ILE), in dollars, and direct labor hours (DLH). Data for direct labor hours and indirect labor expense for 10 months are given. Approximately what percentage of the variation in indirect labor expenses is explained by the regression model you derived?
DLH(X) ILE(Y)
20 361_0
25 400
22 376
23 384
20 361_0
19 360
24 427.2
28 458.4
26 450_8
29 475.2
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A company want to find out if there is a linear relationship between indirect labor expense (ILE), i...
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