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The Development of Cost Models Using Regression Analysis.
SME Preprint 92-48 :4 pages
The use of cost models developed using regression analysis allows the U.S. Bureau of Mines to run multiple cost scenarios for a wide range of deposit sizes and capacities, given limited deposit information. This allows economic analysis to be performed on an area-wide basis, providing policy makers with information on potential land withdrawals that would otherwise be unavailable.
SME Preprint 92-48
Page last reviewed: September 2, 2020
Content source: National Institute for Occupational Safety and Health Education and Information Division