E E6-28A (similar to) Qucstion He opcrating costs so that she has beter idea ho do very distance a ects these costs Flower Mode doesa regression analys s on te next year's data uang E ceL The output gcncrated by Excel is as follows: Click the icon to view the regression anslysis) Determine the fms cos equation (se the cutput from the Excelregession) R-Gquara tusatha output tom th Excal regression Wat does Flower Moda's R-squara indicata? 2. Datammina th 3. Predct van aperating costs at a volume of 17,000 mles ascuming the campany would use the cot oquation from the Excel rogression regardless of its R ccuarc. Should tha company rcty on this cas:estimate? Why or why nat? Regression analysis Requirerment 1. Detemine the firm's cost equation use the output from the Excel regression). Enter amounts to two decimal places SUMMARY OUTPUT Mutipic R 0.07 0.75 usted R Square 0.70 S andand Fmor 498,903 13 15.13 498 803.13 104,795 87 663,600 00 Stat P-value 82689 238 0.06 1.3 4,08989 3 89 D 34 x Varlabla Enter any number In the edlt flelds and then cick Check Answer Print Done Clear All