Question
MonthMaintenance and Repair Cost ($000) Revenues($000) July $2.21 $57.00 August 3.18 51.00 September 2.70 47.00 October 2.11 63.00 November 2.20 75.00 December 1.04 103.00 January
MonthMaintenance and Repair Cost ($000) Revenues($000)
July $2.21 $57.00
August 3.18 51.00
September 2.70 47.00
October 2.11 63.00
November 2.20 75.00
December 1.04 103.00
January 3.02 43.00
February 3.06 49.00
March 2.92 59.00
April 2.88 61.00
May 1.94 65.00
June 1.68 77.00
July 2.50 71.00
August 1.92 65.00
September 2.47 73.00
October 2.28 75.00
November 1.33 85.00
December 0.66 115.00
January 2.48 59.00
February 2.18 61.00
March 1.59 81.00
April 1.85 85.00
May 1.85 71.00
June 1.39 67.00
using Excel, estimate a linear regression with maintenance and repair cost as the dependent variable and revenue as the independent variable.(Negative amounts should be indicated by a minus sign. Round "Multiple R, R Square and Standard Error" to 7 decimal places, "Intercept and Revenues" to 4 decimal places.)
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