• ChipsDownload .TXT file Open in Data Desk ?Link
  • Methods: Correlation, Re-expression, Regression
  • Source: invented example
  • Number of Cases: 15
  • Story:

    A start-up company has developed an improved electronicchip for use in laboratory equipment. The company
    needs to project the manufacturing cost, so it develops a
    spreadsheet model that takes into account the purchase of
    production equipment, overhead, raw materials, depreciation,
    maintenance, and other business costs. The spreadsheet
    estimates the cost of producing 10,000 to 200,000 chips per
    year, as seen in the table.


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