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Exercise 6A-2 Least-Squares Regression (L06-11) The following information applies to the questions displayed below. Bargain Rental Car offers rental cars in an off-airport location near

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Exercise 6A-2 Least-Squares Regression (L06-11) The following information applies to the questions displayed below. Bargain Rental Car offers rental cars in an off-airport location near a major tourist destination in California. Management would like to better understand the variable and fixed portions of its car washing costs. The company operates its own car wash facility in which each rental car that is returned is thoroughly cleaned before being released for rental to another customer. Management believes that the variable portion of its car washing costs relates to the number of rental returns Accordingly, the following data have been compiled ital Returns 2,488 2, Sed Month January February March April May June July August Septembe October November December Car Wash Costs $ 10, 780 $ 13,080 $ 11, see $ 13,8ee $ 15,00 $ 22.782 $ 21,988 $ 21,482 $ 22,5ee $ 28, 20e $ 10,4 $ 13,280 NWU Exercise 6A-2 Part 1 Required: 1 Prepare a scattergraph plot. (Piace car wash costs on the vertical axis and rental returns on the norzontal axis) Instructions: 1. on the graph below, use the point tool (January to protrental returns on the horizontal axis and car wash coat on the vertical axis 2. Repeat the same process for the plotter tools (February to December), 3. To enter exact coordinates, click on the point and enter the values of Xandy 4. To remove a point from the graph. click on the point and select delete option: TC of 7 Next >

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