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Clarlon Clinics operates a chain of 24-hour walk-In clinics. The administrator is trylng to understand the varlation in Clarion's costs across the different clinics. The
Clarlon Clinics operates a chain of 24-hour walk-In clinics. The administrator is trylng to understand the varlation in Clarion's costs across the different clinics. The chlef medical officer believes that the number of walk-In clients is the best measure to explain an Individual clinic's costs. The cost analyst collected data from the past year from Clarlon's 27 clinics. The data collected were clinic cost (labor, supplies, and so on) along with the number of walk-In cllents visiting each of the clinics. The following output was generated from a regression analysis of clinic cost on walk-In clients: Requlred: a. Use the regression output to write the cost equation for clinic costs. b. Based on the cost equation, compute the estlmated costs for a clinic with 16,600 walk-In clients in a year. c. The director of surgery has asked you for advice on whether he should rely on the estimate. Complete this question by entering your answers in the tabs below. Use the regression output to write the cost equation for clinic cost
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