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George Caloz & Fr res , located in Grenchen, Switzerland, makes luxury custom watches in small lots. One of the company's products, a platinum diving

George Caloz & Frres, located in Grenchen, Switzerland, makes luxury custom watches in small lots. One of the company's products, a platinum diving watch, goes through an etching process. The company has recorded etching costs as follows over the last six weeks:
\table[[Week,Units,Total Etching],[Cost,,]]
For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week.
Exercise 5A-5 Part 2(Algo)
2-a. Using the least-squares regression method, estimate the variable etching cost per unit and the total fixed etching cost per week.
2-b. Express these estimates in the form Y=a+bx.
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