Refer to P3.7. The following linear regression results were obtained using these data:

Required
A. Determine the revenue formula using the linear regression output.
B. What is the estimated revenue if 5,600 tax schedules are prepared in one period?
C. What is the estimated revenue if 2,200 tax schedules are prepared in one period?
D. Does the relevant range concept impact your answer to part (C)?
E. Evaluate the strength of the linear regression analysis.

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Regression Statistics Multiple R R square 0841205359 0.707626455 Coefficients Standard Error Intercept Number of schedules TStat 16.34243 3.111451 31837.18587 1948.130283 1115461604 0.358502044