Requirement 1. Determine the lab's cost equation (use the output from the Excel regression). (Round the amounts to two decimal places.) y = $ 3.92 X + $14,409.92 Requirement 2. Determine the R-squared (use the output from the Excel regression). The R-squared is Requirement 1. Determine the lab's cost equation (use the output from the Excel regression). (Round the amounts to two decimal places.) y = $ 3.92 X + $14,409.92 Requirement 2. Determine the R-squared (use the output from the Excel regression). The R-squared is