Question: Appendix; Least squares regression UpTop Mining has compiled the following data to analyze utility costs: Machine Month Hours Utility Cost January 160 $240 February 260

Appendix; Least squares regression UpTop Mining has compiled the following data to analyze utility costs: Machine Month Hours Utility Cost January 160 $240 February 260 352 March 320 384 April 328 392 May 420 496 June 544 632 July 656 672 August 720 720 Use the least squares method to develop a formula for budgeting utility cost. Note: Round your calculations to two decimal places. y = $ + $ MH

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