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Please help and show steps Requirements 1. Determine the firm's cost equation (use the output from the Excel regression). 2. Determine the R-squared (use the
Please help and show steps Requirements 1. Determine the firm'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 Paradise's R-squared indicate? 3. Predict van operating costs at a volume of 17,000 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 not? Regression analysis Read the roqurements. y=x+
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