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 a local
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
RSQ0.793
The estimatedfixedmaintenance cost for the hospital is
Select one:
A.$2,734
B.$0.541
C.$5,468
D.$0.793
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