Introduction
The scenario at hand involves data modeling through the regression. The purpose of the regression model is to project the number of transformers that would be required by A-Cat Corporation for a given level of sales of refrigerators. A-Cat Corporation is committed to the use statistical evidence in its operations. In the recent past, the company has had problems with predicting the number of transformers that it requires for the production of refrigerators. The company has been using the averages to determine the number of transformers that it requires in its inventory. However, this has resulted in shortages during ...