Question
A hospital uses the number of Patient-Days as their predictor of total maintenance costs, Regression analysis produced the following Excel output. What is the best
A hospital uses the number of Patient-Days as their predictor of total maintenance costs, Regression analysis produced the following Excel output. What is the best estimate of FIXED maintenance costs when the hospital expects 1,000 patient-days? Y-Intercept $5,668 X-variable (patient-days) $0.525 R-squared 0.77
$5,668
$6,193
$525
or
$770
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International Accounting
Authors: Frederick D. Choi, Gary K. Meek
6th edition
131588141, 978-0131588141
