Question: Please show work After running a regression analysis on the first seven months of the year, the manager of the main The manager of the
After running a regression analysis on the first seven months of the year, the manager of the main The manager of the main laboratory facility at UrbanHealth Center is interested in being able to predict the overhead costs each month for the lab. The laboratory facility at UrbanHealth Center collects manager believes that total overhead varies with the seven additional months of data. The number of tests number of lab tests performed but that some costsperformed and the total monthly overhead costs for remain the same each month regardless of the number of lab tests performed. the lab follow: (click the icon to view the data.) Read the requirements. Requirements 1 and 2. Use Excel to run a regression analysis and determine the lab's cost equation (use the output from the regression analysis you perform using Excel). (Enter all dollar amounts to two decimal places.) Regression analysis Number of Lab Tests Performed 3,200 3,600 3,750 3,900 4,600 2,500 4,200 Total Laboratory Month Overhead 25,550 24,800 S26,300 S 25,100 S 28,700 s 20,400o S 27,250 August September.... October December... January -ebruary Enter any number in the edit fields parts remaining
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