regression analysis on the next year's data using Excel. The output generated by Excel is as follows: (Click the icon to view the regression analysis.) Read the requirements. Requirement 1. Determine the firm's cost equation (use the output from the Excel regression). (Enter amounts to two decimal places.) y=x+ Regression analysis Requirements 1. Determine the firm's cost equation (use the output from the Excel regression). Determine the R-squared (use the output from the Excel regression). What does Rose Ready's R-squared indicate? Predict van operating costs at a volume of 16,000 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