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i figured out part E1 but need help with E2 Costs Required information [The following information applies to the questions displayed below) Davis Stores sells

i figured out part E1 but need help with E2 image text in transcribed
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Costs Required information [The following information applies to the questions displayed below) Davis Stores sells clothing in 15 stores located around the southwestern United States. The managers at Davis are considering expanding by opening new stores and are interested in estimating costs in potential new locations. They believe that costs are driven in large part by store volume measured by revenue. During a discussion, one of the managers suggests that number of employees might be better at explaining cost than store revenues. As a result of that suggestion managers collected the following information from last year's operations (revenues and costs in thousands of dollars) Employees Revenues $5,727 $4,866 2,252 6,436 2,628 2,448 1,815 4,870 3,413 6,087 3,695 5,331 5,591 3,218 3,376 3,544 4,856 3,675 5,273 3,464 2,653 3,098 2,976 2,562 5,446 3,507 4,772 4,588 1,715 3,768 Store 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 52 29 45 26 36 53 57 51 45 52 43 38 53 31 25 e-1. Enter the regression coefficients. e-2. Estimate the cost of a store with revenues of $3.40 million and 51 employees using the results of a multiple regression of store costs on store revenues and employees Complete this question by entering your answers in the tabs below. Reg E1 Reg E2 Estimate the cost of a store with revenues of $3.40 million and 51 employees using the results of a multiple regression of store costs on store revenues and employees. (Round "Intercept", "Employees" and "Revenues to 2 decimal places in the intermediate calculations. Round your final answers to 2 decimal places.) Costs Required information [The following information applies to the questions displayed below) Davis Stores sells clothing in 15 stores located around the southwestern United States. The managers at Davis are considering expanding by opening new stores and are interested in estimating costs in potential new locations. They believe that costs are driven in large part by store volume measured by revenue. During a discussion, one of the managers suggests that number of employees might be better at explaining cost than store revenues. As a result of that suggestion managers collected the following information from last year's operations (revenues and costs in thousands of dollars) Employees Revenues $5,727 $4,866 2,252 6,436 2,628 2,448 1,815 4,870 3,413 6,087 3,695 5,331 5,591 3,218 3,376 3,544 4,856 3,675 5,273 3,464 2,653 3,098 2,976 2,562 5,446 3,507 4,772 4,588 1,715 3,768 Store 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 52 29 45 26 36 53 57 51 45 52 43 38 53 31 25 e-1. Enter the regression coefficients. e-2. Estimate the cost of a store with revenues of $3.40 million and 51 employees using the results of a multiple regression of store costs on store revenues and employees Complete this question by entering your answers in the tabs below. Reg E1 Reg E2 Estimate the cost of a store with revenues of $3.40 million and 51 employees using the results of a multiple regression of store costs on store revenues and employees. (Round "Intercept", "Employees" and "Revenues to 2 decimal places in the intermediate calculations. Round your final answers to 2 decimal places.)

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