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Required information [The following information applies to the questions displayed bolow] Professor John Morton has just been appointed chairperson of the Finance Department at Westiand

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Required information [The following information applies to the questions displayed bolow] Professor John Morton has just been appointed chairperson of the Finance Department at Westiand University, In reviewing the department's cost records, Professor Morton has found the foliowing total cost associated with Finance 10 i over the last five terms: Professor Morton knows that there are some variable cosis, such as amounts paid to groduate assistants, associated with the course. He would like to have the variable and fixed costs separated for planning purposes 2-a. Using the least-squares regression method, estimate the variable cost per section and the total fixed cost per term for Finance tor. 2-b. Express these estimates in the form y=a+bx Complete this question by entering your answers in the tabs below. Using the least-spuares regression method, estimate the variable cost per section and the total fixed cost per term for finance 101. Round rour intermediate calculations and final answers to the nearest whole doliar amount.) Required information [The following information applies to the questions displayed below] Professor John Morton has just been appointed chairperson of the Finance Department at Westiand University. In reviewing the department's cost records, Professor Morton has found the following total cost associated with Finance 101 over the last five terms: Professor Morton knows that there are some variable costs, sych as amounts paid to graduate assistants, associated with the course. He would like to have the variable and fixed costs separated for planning purposes. a. Using the least-squares regression method, estimate the variable cost per section and the total fixed cost per term for Finance tot -b. Express these estimatos in the form Y=a+bX Complete this question by entering your answers in the tabs below. Express these estimates in the form y=a+bx. (Round your intermediate calculations and finat answers to the nearest whole dollar amount.)

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