Develop most of your cost estimates

Reference no: EM131045166

As the owner of a small security firm, you use CERs to develop most of your cost estimates. The contract on which you are bidding is the largest in your company's history and will involve about 20 sensors. Below are your historical records on installing these types of sensors.

Using Excel, fit a linear regression model for your CER. Looking at R2 and the plot of the data, is a linear model appropriate?

Reference no: EM131045166

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