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[The following information applles to the questions displayed below]) Camp Rainbow offers overnight summer camp programs for children ages 10 to 14 every summer during

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[The following information applles to the questions displayed below]) Camp Rainbow offers overnight summer camp programs for children ages 10 to 14 every summer during June and July. Each camp session is one week and can accommodate up to 200 children. The camp is not coed, so boys attend during the odd-numbered weoks and giris attend duting the even-numbered weeks. While at the camp, participants make crafts, participate in various sports, help care for the camp's resident animals, have cookouts and hayrides, and help assemble toys for local underpeivileged children. The camp provides all food as well as materials for all craft classes and the toys to be assembled. One cabin can accommodate up to 10 children, and one camp counselor is assigned to each cabin. Three camp managers are on-site regardless of the number of campers enroled. Following is the cost information for Camp Rainbow's operations last summer: E5-14 (Algo) Estimating Cost Behavior Using Least-Squares Regression [LO 5-4] Required: 1. Perform a Leasi-squares regression analyuis on Camp Raintow's data; 2. Using the regression output, create a cost equation (y=a+bx) for estimating Camp Rainbow's operating costs. 3. Using the leastsquares regression resuits, calculate the camp's expected opperating cost if 122 chilaren atiend a session

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