Part 1 of 2 5 points Required information Exercise 5A-2 (Algo) Least Squares Regression [LO5-11) (The following information applies to the questions displayed below.) Bargain Rental Car offers rental cars in an off-airport location near a major tourist destination in California. Management would like to better understand the variable and fixed portions of its car washing costs. The company operates its own car wash facility in which each rental car that is returned is thoroughly cleaned before being released for rental to another customer. Management believes that the variable portion of its car washing costs relates to the number of rental returns. Accordingly, the following data have been compiled eflook Month Rental Returns Car Wash Costs January 2,500 $ 12,100 Print February 2,600 $ 13,700 March 2,800 April 3,200 $ 12,908 $ 15,900 May June 3,700 $ 17,300 5,300 $ 25,500 References July 5,600 $ 23,300 August 5,000 $24,900 September 4,800 $ 23,900 October 5,200 $ 24,400 November 2,300 December 3,200 $ 11,800 $18,100 Exercise 5A-2 Part 1 (Algo) Required: 1. Prepare a scattergraph plot. (Place car wash costs on the vertical axis and rental returns on the horizontal axis) Instructions: 1. On the graph below, use the point tool (January) to plot rental returns on the horizontal axis and car wash costs on the vertical Part 1 of 2 Instructions: 1. On the graph below, use the point tool (January) to plot rental returns on the horizontal axis and car wash costs on the vertical axis. 2. Repeat the same process for the plotter tools (February to December 3. To enter exact coordinates, click on the point and enter the values of x and y 4. To remove a point from the graph, click on the point and select delete option 10 m o Car Wash Costs (in dollars) 30,000 25.000 20,000 15,000 10,000 5,000 1,000 2,000 3,000 4,000 5,000 6,000 7,000 Rental Retume January Fenary 10 to