Fit the regression to predict cost per load

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Using test data on 20 types of laundry detergent, an analyst fitted a regression to predict CostPerLoad (average cost per load in cents per load) using binary predictors Top Load (1 if washer is a top loading model, 0 otherwise) and Powder (if detergent was in powder form, 0 otherwise). Interpret the results.

Reference no: EM13123997

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