Question: Complete Solution please. Perform Least Squares Regression(by hand) to determine the Cost Function (Equation) to predict the Total Mixed Cost of Material Handling Department for

Complete Solution please.

Perform Least Squares Regression(by hand) to determine the Cost Function (Equation) to predict the Total Mixed Cost of Material Handling Department for a particular period:

Month January February March April May June July August September October November December Units of Activity (hundreds of pounds of equipment loaded or unloaded) 1,800 1.600 1.300 1,000 2.200 2,400 2.000 1,800 2,600 1.100 1.200 1,400 Material Handling Department Costs $11,700 11,300 11.250 10.200 11,100 12,550 12.000 11,400 12,120 11,050 11,350 11,350

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