The manager of the main laboratory facility at Center Health Center is interested in being able to predict the overhead costs each month for the The laboratory manager performed a regression analysis to predict total laboratory overhead costs. The output generated by Excel is as lab. The manager believes that total overhead varies with the number of lab tests performed but that some costs remain the same each month follows: regardless of the number of lab tests performed. The lab manager collected the following data for the first seven months of the year. (Click the icon to view the completed regression analysis.) (Click the icon to view the data.) Read the requirements. Requirement 1. Determine the lab's cost equation (use the output from the Excel regression). (Round the amounts to two decimal places.) y = X + Data Table - A B D E F. G 1 SUMMARY OUTPUT 2 Regression Statistics 0.897357 3 Multiple R 4 R Square 5 Adjusted R Square 0.80525 0.766299 6 Standard Error 2846.940304 7 Observations 7 8 ANOVA 9 df SS MS F Significance F 10 Regression 1 167563225.94 167563225.94 20.67388 0.00613 11 Residual 5 40525345.49 8105069.097 12 Total 6 208088571.43 13 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% 14 Intercept 9623.34 3280.549 2.933 0.033 1190.420 18056.260 15 X Variable 1 5.38 1.182 4.547 0.006 2.336 8.414 Print Done Requirements 1. Determine the lab's cost equation (use the output from the Excel regression). 2. Determine the R-squared (use the output from the Excel regression). 3. Predict the total laboratory overhead for the month if 2,900 tests are performed. Print Done