Problem

Refer to the data in the preceding exercise.Required:l. Draw a scatter diagram and graph t...

Refer to the data in the preceding exercise.

Required:

l. Draw a scatter diagram and graph the company’s energy cost behavior using the visual-fit method.

2. Predict the energy cost for a month in which 26.000 pints of applesauce are produced.

3. What peculiarity is apparent from the scatter diagram? What should the cost analyst do?

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