Answer the following questions using the data given below Order Size and Shippin

Question

Answer the following questions using the data given below Order Size and Shipping Cost (n = 12) Orders (X) Ship Cost (Y) 1,068 1,026 767 885 1,156 1,146 892 938 769 677 1,174 1,009 4,489 5,611 3,290 4,113 4,883 5,425 4,414 5,506 3,346 3,673 6,542 5,088 Follow the directions below and click to get the Excel data file. Next, copy and paste the Excel data file into a Minitab worksheet. Once in Minitab, go to the toolbar and click on Stat> Regression > Regression to get the required regression output for answering the questions. (If you have trouble accessing the Excel data file, type the data values directly into Minitab)

Explanation / Answer

b ) R2 =  0.6717

c ) The percentage of variation in shipping costs that is explained by number of orders is 67.17 % .

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