A small computer chip manufacturer wants to forecast monthly ozperating costs as a function of the..

A small computer chip manufacturer wants to
forecast monthly ozperating costs as a function of the number of units produced
during a month. The company has collected the 16 months of data in the file
P14_44.xlsx.

a. Determine an equation that can be used
to predict monthly production costs from units produced. Are there any
outliers?

b. How could the regression line obtained
in part a be used to determine whether the company was efficient or inefficient
during any particular month?