chan3265 chan3265

20-12-2022
Mathematics

Answered

the cost engineer of a project management group has developed a simple regression model for costing each floor of a high rise project. the model has an intercept of 100k and the slope or gradient is shown to be an increase of $278 per added square feet plus $20000 per added floor. what is the estimated project cost in $1000 for 20000 square feet located in the sixth floor .

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