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  • HW1 Data

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    Sittichost Chevapurke
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    This document contains monthly data on manufacturing overhead costs, including machine hours, production runs, and overhead costs. Linear regression was performed to analyze the relationship between overhead costs and each of the independent variables (machine hours and production runs). The regression analysis found very low R-squared values for both machine hours (R^2=0.0014) and production runs (R^2=0.037), indicating weak correlations between overhead costs and these variables.

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    HW1_Data

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    This document contains monthly data on manufacturing overhead costs, including machine hours, production runs, and overhead costs. Linear regression was performed to analyze the relationship between overhead costs and each of the independent variables (machine hours and production runs). The regression analysis found very low R-squared values for both machine hours (R^2=0.0014) and production runs (R^2=0.037), indicating weak correlations between overhead costs and these variables.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    13 views3 pages

    HW1 Data

    Uploaded by

    Sittichost Chevapurke
    This document contains monthly data on manufacturing overhead costs, including machine hours, production runs, and overhead costs. Linear regression was performed to analyze the relationship between overhead costs and each of the independent variables (machine hours and production runs). The regression analysis found very low R-squared values for both machine hours (R^2=0.0014) and production runs (R^2=0.037), indicating weak correlations between overhead costs and these variables.

    Copyright:

    © All Rights Reserved
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    of 3

    SUMMARY OUTPUT

    Regression Statistics
    Multiple R 0.037230421
    R Square 0.001386104
    Adjusted R Square -0.02798489
    Standard Error 201.5437905
    Observations 36

    ANOVA
    df SS MS F Significance F
    Regression 1 1916.973 1916.973 0.047193 0.82932
    Residual 34 1381077 40619.9
    Total 35 1382994

    CoefficientsStandard Error t Stat P-value Lower 95%Upper 95%


    Lower 95.0%
    Intercept 1443.115873 68.60576 21.03491 4.54E-021 1303.692 1582.54 1303.692
    X Variable 1 0.702445302 3.233508 0.217239 0.82932 -5.868833 7.273724 -5.868833
    Upper 95.0%
    1582.54
    7.273724
    A B C D E F G H I J K L M
    1 Monthly data on manufacturing overhead costs
    2
    3 Month MachHrs ProdRuns Overhead
    4 1 1539 31 99798
    5 2 1284 29 87804
    6 3 1490 27 93681 MachHrs
    7 4 1355 22 82262
    8 5 1500 35 106968 2000
    9 6 1777 30 107925
    10 7 1716 41 117287
    11 8 1045 29 76868 1500
    MachHrs
    12 9 1364 47 106001 R = 0.0013861042
    Linear (MachHrs)
    13 10 1516 21 88738
    1000 Linear (MachHrs)
    14 11 1623 37 105830
    15 12 1376 37 88730
    16 13 1327 49 100624 500
    17
    18
    14
    15
    1178
    1491
    50
    37
    98857
    102622
    Prodruns
    19 16 1667 41 108059 0
    70
    20 17 1769 34 110054 0 5 10 15 20 25 30 35 40
    21 18 1104 44 91892 60
    22 19 1196 46 98693
    50 Prodruns
    23 20 1794 29 110530
    24 21 1379 38 96883 40 Linear (Prodruns)
    25 22 1448 32 99593 R = 0.0369625358 Linear (Prodruns)
    30
    26 23 1505 32 94564
    27 24 1420 42 105752 20
    28 25 1475 27 93224
    26 1118 34 75398 10
    29
    30 27 1433 58 113137 0
    31 28 1589 26 85609 0 5 10 15 20 25 30 35 40
    32 29 1585 32 98498
    33 30 1493 33 101803 Overhead
    34 31 1124 36 88371
    140000
    35 32 1536 28 102419
    36 33 1678 41 117183 120000
    37 34 1723 35 107828
    100000 Overhead
    38 35 1413 30 88032 R = 0.0207047228
    39 36 1390 54 117943 80000 Linear (Overhead)
    40 Linear (Overhead)
    41 60000
    42 40000
    43
    44 20000
    45 0
    46 0 5 10 15 20 25 30 35 40
    47

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