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! Required information [The following information applies to the questions displayed below.] Odessa, Inc., manufactures one model of computer desk. The following data are available
! Required information [The following information applies to the questions displayed below.] Odessa, Inc., manufactures one model of computer desk. The following data are available regarding units shipped and total shipping costs: Month January February March April May June July Number of Units Shipped 25 80 30 65 40 55 70 Total Shipping cost $1,450 3,650 1,500 3,700 2,750 3,150 4,150 Required: 3. Using the high-low method, calculate Odessa's total fixed shipping costs and variable shipping cost per unit. 4. Perform a least-squares regression analysis on Odessa's data. 5. Using the regression output, create a linear equation (y= a + bx) for estimating Odessa's shipping costs. Complete this question by entering your answers in the tabs below. Required 3 Required 4 Required 5 Perform a least-squares regression analysis on Odessa's data. (Use Microsoft Excel or a statistical package to find the coefficients using least-squares regression. Round your answers to 2 decimal places.) Coefficients Intercept X Variable 47.82 Required information [The following information applies to the questions displayed below.] Odessa, Inc., manufactures one model of computer desk. The following data are available regarding units shipped and total shipping costs: Number of Units Month Shipped January 25 February 80 March 30 April 65 May 40 June 55 July 70 Total Shipping Cost $1,450 3,650 1,500 3,700 2,750 3,150 4,150 Required: 3. Using the high-low method, calculate Odessa's total fixed shipping costs and variable shipping cost per unit. 4. Perform a least-squares regression analysis on Odessa's data. 5. Using the regression output, create a linear equation (y= a + bx) for estimating Odessa's shipping costs. Complete this question by entering your answers in the tabs below. Required 3 Required 4 Required 5 Using the regression output, create a linear equation (y = a + bx ) for estimating Odessa's shipping costs. Total Shipping Cost = + $ 47.82 Number of Units Shipped
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