Regression Homework #1

Utility Cost $2,527 2,515 2,654 2,593 2,455 2,509 2,557 2,588 2,540 2,707 2,731 2,697 31,073

Utility Cost vs. Machine Hours

Utility Costs

Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Total

Labor Machine Hours Hours 4,150 2,500 4,000 2,375 4,360 2,600 4,200 2,450 4,050 2,525 4,100 2,410 4,275 2,720 4,250 2,525 4,050 2,350 4,500 2,610 4,600 2,700 4,375 2,675 50,910 30,440

$2,750 $2,725 $2,700 $2,675 $2,650 $2,625 $2,600 $2,575 $2,550 $2,525 $2,500 $2,475 $2,450 2,350

2,400

2,450

2,500

2,550

2,600

2,650

2,700

2,750

Machine Hours

Utility Cost vs. Labor Hours

Patrick Ulrich

Utility Costs

Month

$2,750 $2,725 $2,700 $2,675 $2,650 $2,625 $2,600 $2,575 $2,550 $2,525 $2,500 $2,475 $2,450 4,000

4,100

4,200

4,300 Labor Hours

4,400

4,500

4,600