Mathematics, 24.07.2020 18:01 whitakers87

A company want to find out if there is a linear relationship between indirect labor expense (ILE), in dollars, and direct labor hours (DLH). Data for direct labor hours and indirect labor expense for 25 months are given. Based on your results, If direct labor hours (DLH) increases by one hour, the indirect labor expense (ILE), on average, increases by approximately how much? DLH(X) ILE(Y)
20 361
25 355
22 376
23 384
20 374
19 311
24 427.2
28 387.5
26 450.8
29 475.2
27 462.6
22 333.3
26 389.9
25 445
28 511
32 501.1
33 544.9
35 423.8
34 574.1
30 535.4
36 444.7
37 578.4
37 399.6
31 355
20 313

Answers: 2

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A company want to find out if there is a linear relationship between indirect labor expense (ILE), i...