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The following data was input into a spreadsheet program to determine the Intercept, Slope and R2(RSQ) for Patient Days and Maintenance Costs for a local
The following data was input into a spreadsheet program to determine the Intercept, Slope and R2(RSQ) for Patient Days and Maintenance Costs for a local hospital:
Month Patent Days (X) Maintenance Costs (Y)
January 3,300 $4,450
February 4,050 $4,750
March 3,000 $4,200
April 3,750 $4,600
May 4,150 $5,050
June 4,500 $5,400
July 2,600 $4,400
Intercept $2,734
Slope $0.541
RSQ 0.793
Theestimatedtotal maintenance cost for August based on an estimated 4,000 patient days is
Select one:
A.$4,898
B.$3,092
C.$2,734
D.$4,509
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