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    Nomer 3

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    Gala Prima Dana
    The document contains results from a regression analysis examining the relationship between machine hours and power costs. The regression results show a strong positive correlation (R=0.89) that explains around 80% of the variation in power costs (R^2=0.79). Machine hours is a statistically significant predictor of power costs with each additional machine hour associated with a $1,209 increase in costs on average. Residual and normal probability plots indicate the model assumptions of normality and equal variance are reasonably met.

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    Nomer 3

    Uploaded by

    Gala Prima Dana
    13 views4 pages
    The document contains results from a regression analysis examining the relationship between machine hours and power costs. The regression results show a strong positive correlation (R=0.89) that explains around 80% of the variation in power costs (R^2=0.79). Machine hours is a statistically significant predictor of power costs with each additional machine hour associated with a $1,209 increase in costs on average. Residual and normal probability plots indicate the model assumptions of normality and equal variance are reasonably met.

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    nomer3

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    The document contains results from a regression analysis examining the relationship between machine hours and power costs. The regression results show a strong positive correlation (R=0.89) that explains around 80% of the variation in power costs (R^2=0.79). Machine hours is a statistically significant predictor of power costs with each additional machine hour associated with a $1,209 increase in costs on average. Residual and normal probability plots indicate the model assumptions of normality and equal variance are reasonably met.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    13 views4 pages

    Nomer 3

    Uploaded by

    Gala Prima Dana
    The document contains results from a regression analysis examining the relationship between machine hours and power costs. The regression results show a strong positive correlation (R=0.89) that explains around 80% of the variation in power costs (R^2=0.79). Machine hours is a statistically significant predictor of power costs with each additional machine hour associated with a $1,209 increase in costs on average. Residual and normal probability plots indicate the model assumptions of normality and equal variance are reasonably met.

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    of 4

    SUMMARY OUTPUT

    Regression Statistics
    Multiple R
    0.89336
    R Square 0.798092
    Adjusted R 0.76444
    Standard Er2673.925
    Observatio
    8
    ANOVA
    df
    Regression
    Residual
    Total

    SS
    MS
    F
    Significance F
    1 1.7E+008 1.7E+008 23.71643 0.002795
    6 42899246 7149874
    7 2.1E+008

    Coefficients
    Standard Error t Stat
    P-value Lower 95%Upper 95%
    Lower 95.0%
    Intercept 6899.784 5910.388
    1.1674 0.287339 -7562.413 21361.98 -7562.413
    Machine Ho1.209052 0.248268 4.869952 0.002795 0.601563 1.816541 0.601563

    RESIDUAL OUTPUT
    Observation
    Predicted Power Residuals
    Cost Standard Residuals
    1 31080.82 -5080.819 -2.052381
    2 37126.08 873.9224 0.353018
    3 43171.34 -671.3362 -0.271184
    4 33498.92 3501.078 1.414249
    5 32289.87 1710.129 0.690801
    6 28662.72 337.2845 0.136245
    7 35917.03 82.97414 0.033517
    8 40753.23 -753.2328 -0.304266

    PROBABILITY OUTPUT
    Percentile Power Cost
    6.25
    26000
    18.75
    29000
    31.25
    34000
    43.75
    36000
    56.25
    37000
    68.75
    38000
    81.25
    40000
    93.75
    42500

    Upper 95.0%
    21361.98
    1.816541

    Quarter

    Machine Hours
    1
    2
    3
    4
    5
    6
    7
    8

    Power Cost
    20000
    25000
    30000
    22000
    21000
    18000
    24000
    28000

    26000
    38000
    42500
    37000
    34000
    29000
    36000
    40000

    Machine Hours Residual Plot


    5000
    0
    15000
    -5000

    Residuals

    20000

    25000

    30000

    35000

    -10000
    Machine Hours

    Machine Hours Line Fit Plot


    50000
    Power Cost
    Power Cost

    Predicted Power Cost


    0
    10000200003000040000
    Machine Hours

    Normal Probability Plot


    50000
    Power Cost
    0
    0

    10 20 30 40 50 60 70 80 90 100
    Sample Percentile

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