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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 2,000 patient-days?
Y-Intercept $5,968X-variable
(patient days) $0.741R-squared0.791
- $7,450
- $6,550
- $1,482
- $5,968
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