Quantity Total Time

105 173 a.
125 188
135 222 Scatter Diagram
141 324 800
149 249 700
171 318
600
190 371
204 185 500

206 250 400

240 176 300
255 396
200
277 226
299 227 100

335 368 0
0 100 200 300 400 500
371 490
388 352
392 429
400 411
421 545
439 442
439 320
455 588
458 484
480 512
486 422
493 404
506 700
586 592
589 457
665 642
 Scatter Diagram

**add chart element on top left and add trendline, linear

200 300 400 500 600 700

left and add trendline, linear
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.81787147
R Square 0.66891374
Adjusted R S 0.65708923
Standard Erro 85.5884707
Observations 30 56.5701064 1-F.DIST(E12,1,28,TRUE)
msr/mse 3.420312E-08
ANOVA test stat p-value
df SS MS F Significance F
Regression 1 414397.883 414397.883 56.5701064 3.420312E-08
Residual 28 205110.817 7325.38631
Total 29 619508.7
confidence interval
CoefficientsStandard Error t Stat P-value Lower 95% Upper 95%
Intercept 117.541947 38.4892512 3.0538902 0.00491411 38.700290045 196.383604
X Variable 1 0.76314823 0.1014648 7.52131015 3.42031E-08 0.5553070088 0.97098945
b0
b1 production time = 117.54+0.76*quantity

RESIDUAL OUTPUT we have the p-value for both the t and F test, and it is less than .05 so we
we also have the confidence interval for beta 1, and there is no
Observation Predicted Y Residuals
1 197.672511 -24.6725112
2 212.935476 -24.9354758
3 220.566958 1.43304192
4 225.145847 98.8541525
5 231.251033 17.7489667
6 248.040294 69.9597057
7 262.540111 108.459889
8 273.224186 -88.2241859
9 274.750482 -24.7504824
10 300.697522 -124.697522
11 312.144746 83.8552544
12 328.934007 -102.934007
13 345.723268 -118.723268
14 373.196604 -5.19660399
15 400.66994 89.3300597
16 413.64346 -61.6434602
17 416.696053 12.3039469
18 422.801239 -11.8012389
19 438.827352 106.172648
20 452.56402 -10.5640199
21 452.56402 -132.56402
22 464.774392 123.225608
23 467.063836 16.9361638
24 483.853097 28.1469027
25 488.431987 -66.4319866
26 493.774024 -89.7740243
27 503.694951 196.305049
28 564.74681 27.2531904
29 567.036254 -110.036254
30 625.03552 16.9644803
 reject null assumption, b1 is not 0

Lower 95.0% Upper 95.0%

38.70029 196.383604 p-value for t test
0.55530701 0.97098945 3.420312E-08
2*(1-T.DIST(D18,28,TRUE))
estimated regression line

st, and it is less than .05 so we reject the null assumption which means that beta 1 is not zero for 95%
erval for beta 1, and there is no value of zero in there
ro for 95%
Quantity Total Time
105 173
125 188
135 222
141 324 Chart Title
149 249
800
171 318
190 371 700

204 185 600

206 250 500
240 176
400
255 396
277 226 300

299 227 200

335 368 100
371 490
0
388 352 0 100 200 300 400 500 600 700
392 429
400 411
421 545 b. negative
439 442
439 320
455 588
458 484
480 512
486 422
493 404
506 700
586 592
589 457
665 642
500 600 700