Could you help me to solve these requirements form 1-3. Please give me the corre

Question

Could you help me to solve these requirements form 1-3. Please give me the correct answer. Thank you.

The manager of the main laboratory facility at UrbanFit Center is interested in being able to predict the overhead costs each month for the lab. The manager believes that total overhead varies with the number of lab tests performed but that The laboratory manager performed a regression analysis to predict total laboratory overhead costs. The output generated by Exce?is as follows: EB (Click the icon to view the completed regression analysis.) some costs remain the same each month regardless of the number of lab tests performed. The lab manager collected the following data for the first seven months of the year. EEB (Click the icon to view the data.) Read the requirements Requirement 1. Determine the lab's cost equation (use the output from the Excel regression). (Round the amounts to two decimal places.) y-$ x+$

Explanation / Answer

1:Equation is

Y=4.94X + 10637.34

2: R Square = 0.853738

3: Overhead= 4.94*3100 + 10637.34

=25951.34

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