Question: Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations 0.72 0.51 0.38 99.45 6 Anova df SS MS F Significance F 0.11




Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations 0.72 0.51 0.38 99.45 6 Anova df SS MS F Significance F 0.11 1 41497.60 41497.60 4.20 Regression Residual 4 39561.23 9890.31 Total 5 81058.83 t Stat P-value Coefficients Standard Error 1423.60 564.95 2.52 0.07 Intercept X Variable 1 Lower 95% Upper 95% -144.96 2992.16 -0.11 0.72 Lower 95.0% Upper 95.0% -144.96 2992.16 -0.11 0.72 0.31 0.15 2.05 0.11 Assume that Craig's Fresh and Hot Pancake Restaurant does a regression analysis on the next year's data using Excel. The output generated by Excel is as follows: :: (Click the icon to view the regression analysis.) Requirements 1. What is the fixed cost per month? 2. What is the variable cost per pancake? Requirement 1. What is the fixed cost per month? The fixed cost per month is $
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