Question: UpTop Mining has compiled the following data to analyze utility costs: MonthMachine HoursUtility CostJanuary 2 0 0 $ 3 0 0 February 3 2 5

UpTop Mining has compiled the following data to analyze utility costs:
MonthMachine HoursUtility CostJanuary200$300February325440March400480April410490May525620June680790July820840August900900
Using regression tools in Excel, develop a formula for budgeting utility cost.
Note: Enter the answers in dollars and cents, rounded to the nearest penny.
Cost formula: Y = $Answer 1
+ $Answer 2
X
Where X =Answer 3

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