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1. Perform a least-squares regression analysis on Camp Rainbow's data. 2. Using the regression output, create a cost equation (y= a +bx) for estimating Camp
1. Perform a least-squares regression analysis on Camp Rainbow's data.2. Using the regression output, create a cost equation (y= a +bx) for estimating Camp Rainbow's operating cost 3. Using the least-squares regression results, calculate the camp's expected operating cost if 150 children attend a session.
Required Information Camp Rainbow offers overnight summer camp programs for children ages 10-14 every summer during June and July. Each camp session is one week and can accommodate up to 200 children. The camp is not coed, so boys attend during the odd-numbered weeks and girls attend during the even-numbered weeks. While at the camp, participants make crafts. participate in various sports, help care for the camp's resident animals, have cookouts and hayrides, and help assemble toys for local underprivileged children The camp provides all food as well as materials for all craft classes and the toys to be assembled. One cabin can accommodate up to 10 children, and one camp counselor is assigned to each cabin. Three camp managers are on-site regardless of the number of campers enrolled. Following is the cost Information for Camp Rainbow's operations last summer Cast to Run Week 1 3 4 Number of Campers 184 142 92 186 158 148 150 178 $13.810 10,990 8.86e 8.188 12.930 10,790 11.75e 13,13 8 Required: 1. Perform a least-squares regression analysis on Camp Rainbow's date. 2 Using the regression output create a cost equation (y = 8 - bx) for esumating Camo Rainbow's operating costs. 3. Using the least-squares regression results, calculate the camo's expected operating cost of 150 children attend a session Complete this question by entering your answers in the tabs below. RA Red Fous Perform a least squares regression calysis on Camp Ranbow's data se lescht Excel Batatal package to find the coefficients using leasure regren Bund Wert 20 ce Coefficients Interat X Variable Pier
2. Using the regression output, create a cost equation (y= a +bx) for estimating Camp Rainbow's operating cost
3. Using the least-squares regression results, calculate the camp's expected operating cost if 150 children attend a session.
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