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SOLVED: An accountant wishes to predict direct labor cost (y) on the basis of the batch size (x) of a product produced in a job shop. Data for 12 production runs are given in the table below, along with the Excel output from fitting a least squares regression line to the data.Direct Labor Cost DataDirect Labor Cost, y (100s)Batch Size, x715663623813513812861831451449346548522512310241004354177275A. Calculate b1 and b0. (Round intermediate steps to 4 decimal places.)B. Write the least squares pre
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