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Genesee Fishing Tours (GFI) offers small group fishing expeditions off the local coast. The managers of the company are considering expanding the business to another

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Genesee Fishing Tours (GFI) offers small group fishing expeditions off the local coast. The managers of the company are considering expanding the business to another city and want to put together a financial plan. As a part of that effort, the financial staff are analyzing the operating costs of GFI. They believe that a good predictor of operating cost is the number of clients that use the service As a part of their analysis, they have collected 30 months of data on operating costs and number of clients, which follow: c. You learn that starting in month 16, Genesee Fishing Tours started using a different, more personalized protocol for interacting with clients. Estimate the operating cost assuming 700 clients using the results of a simple regression based on the data for months 16 through 30 only. Note: Round "Cost per client" to two decimal places. Round other intermediate calculations and final answer to nearest whole number: d. How confident are you in the estimate using the regression resuits? \begin{tabular}{|c|c|c|} \hline 10 & & \\ \hline 19 & 484 & 44,160 \\ \hline 20 & 518 & 48,570 \\ \hline 21 & 476 & 45,590 \\ \hline 22 & 481 & 44,680 \\ \hline 23 & 584 & 53,490 \\ \hline 24 & 602 & 53,820 \\ \hline 25 & 779 & 65,490 \\ \hline 26 & 649 & 58,830 \\ \hline 27 & 612 & 54,460 \\ \hline 28 & 527 & 48,060 \\ \hline 29 & 509 & 46,290 \\ \hline 30 & 547 & 51,590 \\ \hline \end{tabular} Complete this question by entering your answers in the tabs below. a. Estimate the operating costs assuming 700 clients for the month using the results of a simple regression based on the 30 months of available data. Note: Round "Cost per client" to two decimal places, Round other intermediate calculations and final answer to nearest whole number. b. What percentage of the variance in the data does the R-squared value explain? Show lessa a. Operating cost b. The R-squared value suggests that the number of clients only explains

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