Question
Month No. of patients admitted Admission Dept.s Cost Sh. January February March April May June July August 1,800 1,900 1,700 1,600 1,500 1,300 1,100 1,500
| Month | No. of patients admitted | Admission Dept.s Cost Sh. |
| January February March April May June July August | 1,800 1,900 1,700 1,600 1,500 1,300 1,100 1,500 | 14,700 15,200 13,700 14,000 14,300 13,100 12,800 14,600 |
Required:
Using the least square method, estimate the relationship between number of patients admitted and the admission costs in the form of Y = a +bx.
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Fundamental accounting principle
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
21st edition
978-0078025587
