1. What is the slope of the regression equation?
2. What is the intercept (constant) of the regression equation? (Enter your responses rounded to two decimal places.)
3. How much of the variation of Y could be explained by X (r2, r-squared)?
4. Suppose that the market survey indicates a demand of 325,000 gallons in the Bucyrus, Ohio, area. Estimate the manufacturing cost per gallon for a plant producing 325,000 gallons per year. What is the forecasted manufacturing cost per gallons?

Dhio Swiss Milk Products manufactures and distributes ice cream in Ohio, Kentucky, and West Virginia. The company wants to expand perations by locating another plant in northern Ohio. The size of the new plant will be a function of the expected demand for ice cream vithin the area served by the plant. A market survey is currently under way to determine that demand. Dhio Swiss wants to estimate the relationship between the manufacturing cost per gallon and the number of gallons sold in a year to letermine the demand for ice cream and, thus, the size of the new plant. The following data have been collected