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QUESTION 23 A hospital uses the number of Patient-Days as their predictor of total maintenance costs, Regression analysis produced the following Excel output. What is

QUESTION 23

A hospital uses the number of Patient-Days as their predictor of total maintenance costs, Regression analysis produced the following Excel output. What is the best estimate of FIXED maintenance costs when the hospital expects 2,000 patient-days?

Y-Intercept$5,649

X-variable (patient days)$0.541

R-squared0.791

  • $6,787
  • $5,649
  • $6,731
  • $1,082

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