Correct Statement Analysis based on Learning Curve Equation
which statement is correct?
Y = 1250(X)-0.120294
Y is the cost of the first unit.
The slope equals 1 - 0.120294 = .8797 or 87.97%
Y represents the cost of the 1250th unit
The slope equals 92%
https://brainmass.com/statistics/descriptive-statistics/correct-statement-analysis-based-learning-curve-equation-547211
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The solution explains the interpretation of slope in the learning curve.
$2.19