References

Required $2$A

Required $2$B

Required $3$A

Required $3$B

Using the least$-$squares regression method, estimate the variable cost per section and the total f $101.$

Note: Round your intermediate calculations and final answers to the nearest whole dollar amount

$\backslash$table$[[$Fixed cost per term$],[$Variable cost per section$]]$

Required information

$[$The following information applies to the questions displayed below.$]$

Professor John Morton has just been appointed chairperson of the Finance Department at Westland University. In reviewing the department's cost records, Professor Morton found the following total cost associated with Finance $101$ over the last five terms:

$\backslash$table$[[,\backslash$table$[[$Number of$],[$Sections$],[$Offered$]],$Total Cost$],[$Term$,6,$$$12,50$