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7 Maintenance and Repair Cost (5000) 48 $2.11 oints 3.08 2.60 The following information on maintenance and repair costs and revenues for the last two

7 Maintenance and Repair Cost (5000) 48 $2.11 oints 3.08 2.60 The following information on maintenance and repair costs and revenues for the last two years is available from the accounting records at Arie's Arcade & Video Palace. Amie has asked you to help him understand the relation between business volume and maintenance and repair cost Month July August September Revenues (1000) $55.00 49.00 45.00 October 2.01 November 2.10 December 0.94 61.00 73.00 101.001 eBook January 2.92 41.00 February 2.96 47.00 March 2.82 57.00 April 2.78 59.00 Print May 1.84 63.00 June 1.58 75.00 July 2.40 69.00 August 1.82 63.00 References September 2.37 71.00 October 2.18 73.00 November 1.23 03.00 December 0.56 113.00 January 2.38 57.00 February 2.08 59.00 March 1.49 79.00 April 1.75 83.00 May June 1.75 69.00 1.45 65.00 Required: Using Excel, estimate a linear regression with maintenance and repair cost as the dependent variable and revenue as the independent variable (Negative amounts should be indicated by a minus sign. Round "Multiple R, R Square and Standard Error" to 7 decimal places, "Intercept and Revenues" to 4 decimal places.) Regression Statistics Multiple R R Square 0.0669249 0.7515588 Standard Enor Observations 24 Coefficients Intercept Revenues (0 0335)

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