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Heartbreak Hotel is in the process of budgeting costs for next year and has been in operation for the last 30 months. One of
Heartbreak Hotel is in the process of budgeting costs for next year and has been in operation for the last 30 months. One of the costs being budgeted is cleaning costs. You have run a regression analysis in Excel and receive the following summary output. Summary Output Coefficients Standard Error t-Stat Intercept 126216.9076 10853.56778 #Guest Nights 60.21512756 19.53627459 The cost function for cleaning costs is: Select one: O a None of these O b. Y=$126,216.91X+$60.22 Y=$126,216.91+$60.22 O d. Y=$126,216.91X1+$60.22X2 O e. Y=$126,216.91+$60.22X 11.62907074 3.082221602
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