The following information on maintenance and repair costs and revenues for the last two years is available from the accounting records at Arnies Arcade & Video Palace. Arnie has asked you to help him understand the relation between business volume and maintenance and repair cost.

Month	Maintenance and Repair Cost ($000)	Revenues ($000)
July	$2.11	$55.00
August	3.08	49.00
September	2.60	45.00
October	2.01	61.00
November	2.10	73.00
December	0.94	101.00
January	2.92	41.00
February	2.96	47.00
March	2.82	57.00
April	2.78	59.00
May	1.84	63.00
June	1.58	75.00
July	2.40	69.00
August	1.82	63.00
September	2.37	71.00
October	2.18	73.00
November	1.23	83.00
December	0.56	113.00
January	2.38	57.00
February	2.08	59.00
March	1.49	79.00
April	1.75	83.00
May	1.75	69.00
June	1.45	65.00

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.)

Regression Statistics
Multiple R
R Square
Standard Error
Observations
Coefficients
Intercept
Revenues