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TABLE 13-12
The manager of the purchasing department of a large banking organization would like to develop a model to predict the amount of time (measured in hours) it takes to process invoices. Data are collected from a sample of 30 days, and the number of invoices processed and completion time in hours is recorded. Below is the regression output:
Note: 4.3946E-15 is 4.3946×10-15
-Referring to Table 13-12, the estimated average amount of time it takes to process one additional invoice is
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