Question: Can somone help me answer questions 1 & 2? Method of Least Squares, Goodness of Fit Deepa Dalal opened a free-standing radiology clinic. She had
Method of Least Squares, Goodness of Fit Deepa Dalal opened a free-standing radiology clinic. She had anticipated that the costs for the radiological tests would be primarily fixed, but she found that costs increased with the number of tests performed. Costs for this service over the past nine months are as follows: 1. Compute the cost formula for radiolooy services using the method of least squares. If required, round vour answers to two decimal places. Y= x 2. Using the formula computed in Requirement 1. what is the predicted cost of radiology services for October for 3,500 appointments? (Round the answer to the nearest dollar.)
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