Garfield Company manufactures a popular brand of dog repellant known as DogGone It$,$ which it sells in gallon$-$size bottles with a spray attachment. The majority of Garfield$$s business comes from orders placed by homeowners who are trying to keep neighborhood dogs out of their yards. Garfield$$s operating information for the first six months of the year follows:

Month Number of Bottles Sold Operating Cost

January $1,090$ $ $10,520$

February $1,46015,650$

March $1,78015,910$

April $2,39019,690$

May $3,54027,720$

June $3,63034,610$

Required:

$3.$ Using the high$-$low method, calculate Garfield$$s total fixed operating costs and variable operating cost per bottle.

$4.$ Perform a least$-$squares regression analysis on Garfield$$s data. Include intercept and X variable $1$

$5.$ Determine how well this regression analysis explains the data. Look for attached screen shot for this questionComplete this question by entering your answers in the tabs below.

Determine how well this regression analysis explains the data.

Note: Round your regression statistics to three decimal places and, observation and percentage answer to the nearest whole

number.

$6.$ Using the regression output, create a linear cost equation $($y $=$ a $+$ bx$)$ for estimating Garfield$$s operating costs.