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Results from a regression of store costs on revenues are as follows.Required:The managers in the region are interested in opening a new store with expected
Results from a regression of store costs on revenues are as follows.Required:The managers in the region are interested in opening a new store with expected revenues of $ million. Assuming the data and cost estimates from the current stores are appropriate for the new store SE what are the estimated store costs for store SE using the results from this regression?Note: Do not round your intermediate calculations. Enter your answer in thousands of dollars rounded to decimal places.
Store cost
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