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I think you are supposed to use Excel, there is no more data to provide I will give thumbs up Requirement 1. Determine the company's
I think you are supposed to use Excel, there is no more data to provide
I will give thumbs up
Requirement 1. Determine the company's cost equation (use the output from the Excel regression). (Round the amounts to two decimal places.) y=x+ Data table Requirements Use Microsoft Excel to run a regression analysis, then do the following: 1. Determine the company's cost equation (use the output from the Excel regression). 2. Determine the R-squared (use the output from the Excel regression). What does Flower Petal's R-squared indicate? 3. Predict van operating costs at a volume of 14,500 miles assuming the company would use the cost equation from the Excel regression regardless of its R-squared. Should the company rely on this cost estimate? Why or why notStep by Step Solution
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