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The following information on maintenance and repair costs and revenues for the last two years is available from the accounting records at Arnie's Arcade &

The following information on maintenance and repair costs and revenues for the last two years is available from the accounting records at Arnie's Arcade & Video Palace. Arnie has asked you to help him understand the relation between business volume and maintenance and repair cost. Month July Maintenance and Repair Cost (5000) Revenues (5000) $1.61 $45.00 August 2.58 39.00 September 2.10 35.00 October 1:51 51.00 November 1.60 63.00 December 0.44 91.00 January 2.42 31.00 February 2.46 37.00 March 2.32 47.00 April 2.28 49.00 May 1.34 53.00 June 1.08 65.00 July 1.90 59.00 August 1.32 53.00 September 1.87 61.00 October 1.681 63.00 November 0.73 73.00 December 0.06 103.00 January 1.88 47.00 February 1.58 49.00 March .99 69.00 April 1.25 73.00 May 1.25 59.00 June 1.75 55.00 Required: Using Excel, estimate a linear regression with maintenance and repair cost as the dependent variable and revenue as the independent variable (Negative amounts should be indicated by a minus sign. Round "Multiple R, R Square and Standard Error" to 7 decimal places, "Intercept and Revenues" to 4 decimal places.) Multiple R R Square Regression Statistics Standard Error Observations Coefficients Intercept Revenues

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