Question: E 5 - 1 3 , E 5 - 1 4 and E 5 - 1 6 [ LO 5 - 2 , 5 -
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Camp Rainbow offers overnight summer camp programs for children ages to every summer during June and July.
Each camp session is one week and can accommodate up to children. The camp is not coed, so boys attend during
the oddnumbered weeks and girls attend during the evennumbered weeks. While at the camp, participants make crafts,
participate in various sports, help care for the camp's resident animals, have cookouts and hayrides, and help assemble
toys for local underprivileged children.
The camp provides all food as well as materials for all craft classes and the toys to be assembled. One cabin can
accommodate up to children, and one camp counselor is assigned to each cabin. Three camp managers are onsite
regardless of the number of campers enrolled.
Following is the cost information for Camp Rainbow's operations last summer:
EAlgo Estimating Cost Behavior Using LeastSquares Regression LO
Required:
Perform a leastsquares regression analysis on Camp Rainbow's data.
Using the regression output, create a cost equation
Answer requirements and please
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