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: Week Number of Carpes 94 140 108 120 118 100 go 124 Cost to Run Camp $8,6.30 11,740 8.830 9.400 9,010 8,610 8,650 9,590 Required: 1. Perform a least squares regression analysis on Camp Rainbow's data. 2. Using the regression output, create a cost equation abx) for estimating Camp Rainbow's operating costs. 3. Using the least squares regression results, calculate the camps expected operating cost if 90 children attend a session mplete this question by entering your answers in the tabs below. Red Required 2 Required 3 Perform Stuarea regression analysis on Camp Rainbow's data. (Use Microsoft Excel or a statistical package to find the Cooling least squares regression. Round your answers to 2 decimal places.) ine camp provides all tood as well as materials for all craft classes and the toys to be assemblea. Une 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 Week 1 2 3 4 5 Number of Campers 94 140 108 120 118 100 90 124 Cost to Run Camp $8,630 11,740 8,830 9,400 9,010 8,610 8,680 9,590 Required: 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 costs. 3. Using the least-squares regression results, calculate the camp's expected operating cost ir 90 children attend a session, Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Using the regression output, create a cost equation (y + + bx ) for estimating Camp Rainbow's operating costs, (Round your answers to 2 decimal places.) Total Cost + Number of Campers Mhe camp provides all tood 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. Week 1 Number of Campers 94 148 108 120 118 100 90 124 Cost to Run Camp $8,630 11,740 8,830 9,400 9,010 8,610 8,680 9,590 6 7 8 Required: 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 costs, 3. Using the least-squares regression results, calculate the camp's expected operating cost if 90 children attend a session Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Using the least-squares regression results, calculate the camp's expected operating cost if 90 children attend a session. (Round your intermediate calculations and final answer to 2 decimal places.) Total Cost
