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the second picture is reference foe the formula prior to this problem. The camp provides all food as well as materials for all craft classes
the second picture is reference foe the formula prior to this problem.
The camp provides all food as well as materials for all craft classes and the toys to be assembled. One cabin can accommodate up to 10 chiidren, and one camp counselor is assigned to each cabin. Three camp managers are on-site regardless of the number of campers enrolled Following is the cost information for Camp Rainbow's operations last summer: equired: 1. Using the results of the least-squares regression analysis, determine Rainbow's contribution margin per camper if each camper pays $159 to attend the camp for a week. Using the results of the least-squares regression analysis, prepare a conttfoution margin income statement for week 9 assuming Rainbow expects to have 90 campers that week. . Should Rainbow add a ninth week to its schedule? 1. Perform a least-squares regression analysis on Camp Rainbow's data. 2. Using the regression output, create a cost equation (y=a+bx) for estimating Camp Rainbow's operatin 3. Using the least-squares regression results, calculate the camp's expected operating cost if 90 children Complete this question by entering your answers in the tabs below. Using the regression output, create a cost equation (y=a+bx) for estimating Camp Rainbow's operating costs. Note: Round your answers to 2 decimal places. The camp provides all food as well as materials for all craft classes and the toys to be assembled. One cabin can accommodate up to 10 chiidren, and one camp counselor is assigned to each cabin. Three camp managers are on-site regardless of the number of campers enrolled Following is the cost information for Camp Rainbow's operations last summer: equired: 1. Using the results of the least-squares regression analysis, determine Rainbow's contribution margin per camper if each camper pays $159 to attend the camp for a week. Using the results of the least-squares regression analysis, prepare a conttfoution margin income statement for week 9 assuming Rainbow expects to have 90 campers that week. . Should Rainbow add a ninth week to its schedule? 1. Perform a least-squares regression analysis on Camp Rainbow's data. 2. Using the regression output, create a cost equation (y=a+bx) for estimating Camp Rainbow's operatin 3. Using the least-squares regression results, calculate the camp's expected operating cost if 90 children Complete this question by entering your answers in the tabs below. Using the regression output, create a cost equation (y=a+bx) for estimating Camp Rainbow's operating costs. Note: Round your answers to 2 decimal places Step by Step Solution
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