The manager of the main laboratory facility at Citi Health Center is The laboratory manager performed a regression analysis to predict total interested in being able to predict the overhead costs each month for the laboratory overhead costs. The output generated by Excel is as follows: lab. The manager believes that total overhead varies with the number of Click the icon to view the completed regression analysis.) lab tests performed but that some costs remain the same each month regardless of the number of lab tests performed. The lab manager collected the following data for the first seven months of the year. Read the requirements Click the icon to view the data.) Requirement 1. Determine the lab's cost equation (use the output from the Excel regression). (Round the amounts to two decimal places.) y = X + i Data Table hou Number of Lab Tests Performed Total Laboratory Overhead Costs Month January 3,300 $29,000 February 3,100 $28,500 March .... 3,900 $30,000 April 3,850 $31,000 $26,500 May 4,100 June 2,100 $19,100 July 2,300 $15,900 Print Done B D E F G 2 0.838886 0.70373 1 SUMMARY OUTPUT Regression Statistics 3 Multiple R 4 R Square 5 Adjusted R Square 6 Standard Error 7 Observations 8 ANOVA 0.644476 3489.925912 7 9 df SS MS F Significance F 0.018312 1 144650657.06 11.876487 10 Regression 11 Residual 12 Total 144650657.06 12179582.873 5 6 60897914.37 205548571.43 Standard Error 5975.992 13 Coefficients t Stat P-value Lower 95% Upper 95% 14 Intercept 5627.61 0.942 0.390 -9734.165 20989.389 15 X Variable 1 6.21 1.801 3.446 0.018 1.577 10.838