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TABLE 13-12 The Manager of the Purchasing Department of a Large Saving

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TABLE 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:
TABLE 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:     Note: 4.3946E-15 is 4.3946 ×            -Referring to Table 13-12, the model appears to be adequate based on the residual analyses.
Note: 4.3946E-15 is 4.3946 ×
TABLE 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:     Note: 4.3946E-15 is 4.3946 ×            -Referring to Table 13-12, the model appears to be adequate based on the residual analyses.
TABLE 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:     Note: 4.3946E-15 is 4.3946 ×            -Referring to Table 13-12, the model appears to be adequate based on the residual analyses.
TABLE 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:     Note: 4.3946E-15 is 4.3946 ×            -Referring to Table 13-12, the model appears to be adequate based on the residual analyses.
-Referring to Table 13-12, the model appears to be adequate based on the residual analyses.


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