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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 &

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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 & 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 ($900) Revenues (5000) July August September October November December January February March April Hay June July August September October November December January February March April May . June $2.01 2.98 2.50 1.91 2.00 0.84 2.82 2.86 2.72 2.68 1.74 1.43 2.30 1.72 2.27 2.08 1.13 0.46 $53.00 47.00 43.00 59.00 71.00 99.00 39.00 45.00 55.00 57.00 61.00 73.00 67.00 61.00 69.00 71.00 51.00 111.00 55.00 57.00 77.00 81.00 67.00 63.00 ces 1.98 1.39 1.65 1.65 1.51 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 Squore and Standard Error" to 7 decimal places. "Intercept and Revenues" to 4 decimal places.) Regression Statistics Multiple R Square Standard Error Observations Coefficients

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