Question: The following data was input into a spreadsheet program to determine the Intercept, Slope and R2 (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: Maintenance Month Patient Days (X). 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 Slope RSQ $2,795 $0.541 0.793 The estimated total maintenance cost for September based on an estimated 5,000 patient days is:
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