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SCENARIO 13-12 the Manager of the Purchasing Department of a Large

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SCENARIO 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: SCENARIO 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:       -Referring to Scenario 13-12, there is no evidence of positive autocorrelation if the Durbin-Watson test statistic is found to be 1.78. SCENARIO 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:       -Referring to Scenario 13-12, there is no evidence of positive autocorrelation if the Durbin-Watson test statistic is found to be 1.78. SCENARIO 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:       -Referring to Scenario 13-12, there is no evidence of positive autocorrelation if the Durbin-Watson test statistic is found to be 1.78.
-Referring to Scenario 13-12, there is no evidence of positive autocorrelation if the Durbin-Watson test statistic is found to be 1.78.


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