Question: The following data was input into a spreadsheet program to determine the Intercept, Slope and R 2 (RSQ) for Patient Days and Maintenance Costs for
The following data was input into a spreadsheet program to determine the Intercept, Slope and R2 (RSQ) for Patient Days and Maintenance Costs for a local hospital:
| Month | Patent Days (X) | Maintenance Costs (Y) |
| January | 3,300 | $4,450 |
| February | 4,050 | $4,750 |
| March | 3,000 | $4,200 |
| April | 3,750 | $4,600 |
| May | 4,150 | $5,050 |
| June | 4,500 | $5,400 |
| July | 2,600 | $4,400 |
|
|
|
|
| Intercept | $2,734 |
|
| Slope | $0.541 |
|
| RSQ | 0.793 |
|
The estimated variable maintenance cost per patient day for the hospital is
Select one:
A. $5,468
B. $0.541
C. $2,734
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