The costs of a company's call center for a number of recent months are listed below:...

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The costs of a company's call center for a number of recent months are listed below: April May June July August September October November Calls Taken Call Center Cost $ 73,732 6,801 6,770 $ 73,530 6,811 $ 73,801 6,807 $ 73,752 6,777 $ 73,586 $ 73,629 $73,900 $ 73,795 Variable cost Fixed cost 6,787 6,829 6,813 Management believes that the cost of the call center is a mixed cost that depends on the number of calls taken. Required: Estimate the variable cost per call and fixed cost per month using the least-squares regression method. (Round the "Variable cost" to 2 decimal places and the "Fixed cost" to the nearest dollar amount.) per call per month The costs of a company's call center for a number of recent months are listed below: April May June July August September October November Calls Taken Call Center Cost $ 73,732 6,801 6,770 $ 73,530 6,811 $ 73,801 6,807 $ 73,752 6,777 $ 73,586 $ 73,629 $73,900 $ 73,795 Variable cost Fixed cost 6,787 6,829 6,813 Management believes that the cost of the call center is a mixed cost that depends on the number of calls taken. Required: Estimate the variable cost per call and fixed cost per month using the least-squares regression method. (Round the "Variable cost" to 2 decimal places and the "Fixed cost" to the nearest dollar amount.) per call per month

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ANSWER To estimate the variable cost per call and fixed cost per month we will use the leastsquares ... View the full answer