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11. The following data was input into a spreadsheet program to determine the Intercept, Slope and R 2 (RSQ) for Patient Days and Maintenance Costs
11. The following data was input into a spreadsheet program to determine the Intercept, Slope and R2 (RSQ) for Patient Days and Maintenance Costs for a local hospital:
Month | Patent Days (X) | Maintenance Costs (Y) |
January | 3,300 | $4,450 |
February | 4,050 | $4,750 |
March | 3,000 | $4,200 |
April | 3,750 | $4,600 |
May | 4,150 | $5,050 |
June | 4,500 | $5,400 |
July | 2,600 | $4,400 |
|
|
|
Intercept | $2,734 |
|
Slope | $0.541 |
|
RSQ | 0.793 |
|
The estimated total maintenance cost for August based on an estimated 4,000 patient days is
Select one:
A. $4,509
B. $3,092
C. $4,898
D. $2,734
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