Below is the data from a regression analysis performed by Earth Right Spa on its overhead costs and clients for the past year Use this information to answer the following questions SUMMARY OUTPUT Regression Statistics Multiple R 0 949 R Square 0 901 Adjusted R Square 0 891 Standard Error 1102 512 Observations 12 000 ANOVA df ss MS f Significance F Regression 1 111011767 37 111011767 37 91 33 0 00 Residual 10 12155332 63 1215533 26 Total 11 123167100 00 Ceofficients Standard Error tStar P value Lower 95 Upper 95 Lower 95 0 Upper 95 Intercept 6825 84 724 43 9 42 0 00 5211 70 8439 98 5211 70 8439 98 Guests (X) 32 86 3 44 9 56 0 00 25 20 40 52 25 20 40 52 Knowledge Check 01 Identify the fixed overhead cost per month from the data provided $8,364 72 $946 56 $6,825 84 $6,546 54 Knowledge Check 02 What is the variable overhead cost per client served $724 43 $25 20 $40 52 $32 86 Knowledge Check 03 What will be the total overhead cost if 100 clients are served $10,111 84 $79,269 07 $9,345 86 $10,878 24 The span at which the cost behaviors are expected to hold true is called

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Question: Below is the data from a regression analysis performed by Earth Right Spa on its overhead costs and clients for the past year. Use this

Below is the data from a regression analysis performed by Earth Right Spa on its overhead costs and clients for the past year. Use this information to answer the following questions.

SUMMARY OUTPUT
Regression Statistics
Multiple R	0.949
R Square	0.901
Adjusted R Square	0.891
Standard Error	1102.512
Observations	12.000

		ANOVA
	df	ss	MS	f	Significance F
Regression	1	111011767.37	111011767.37	91.33	0.00
Residual	10	12155332.63	1215533.26
Total	11	123167100.00

	Ceofficients	Standard Error	tStar	P-value	Lower 95%	Upper 95%	Lower 95.0%	Upper 95%
Intercept	6825.84	724.43	9.42	0.00	5211.70	8439.98	5211.70	8439.98
Guests (X)	32.86	3.44	9.56	0.00	25.20	40.52	25.20	40.52

Knowledge Check 01

Identify the fixed overhead cost per month from the data provided.

$8,364.72
$946.56
$6,825.84
$6,546.54

Knowledge Check 02

What is the variable overhead cost per client served?

$724.43
$25.20
$40.52
$32.86

Knowledge Check 03

What will be the total overhead cost if 100 clients are served?

$10,111.84
$79,269.07
$9,345.86
$10,878.24

The span at which the cost behaviors are expected to hold true is called:

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