Question: (Click the icon to view the regression analysis.) Read the Requirement 1. Determine the firm's cost equation (use the output from the Excel regression). (Enter

(Click the icon to view the regression analysis.) Read the Requirement

(Click the icon to view the regression analysis.) Read the Requirement 1. Determine the firm's cost equation (use the output from the Excel regression). (Enter amounts to two decimal places.) y= Requirements 1. Determine the firm's cost equation (use the output from the Excel regression). 2. Determine the R-squared (use the output from the Excel regression). What does Flower Paradise's R-squared indicate? 3. Predict van operating costs at a volume of 14,500 miles assuming the company would use the cost equation from the Excel regression regardless of its R-squared. Should the company rely on this cost estimate? Why or why not? Regression analysis

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