Fit a quadratic trend equation to the data fit a linear, Basic Statistics

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Fit a quadratic trend equation to the data fit a linear

Ford Motor Company reports the average hourly labor cost per hour (earnings plus benefits) for 1993-2002.

Fit a quadratic trend equation to the data, fit a linear trend equation to the data, and then use the MSE criterion to determine which equation is the better fit.

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Basic Statistics: Fit a quadratic trend equation to the data fit a linear

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