Question: UpTop Mining has compiled the following data to analyze utility costs: Machine Month Hours Utility Cost January 480 $720 February 780 1,056 March 960 1,152

UpTop Mining has compiled the following data to analyze utility costs:

UpTop Mining has compiled the following data to analyze utility costs: Machine Month Hours Utility Cost January 480 $720 February 780 1,056 March 960 1,152 April 984 1,176 May 1,260 1,488 June 1,632 1,896 July 1,968 2,016 August 2,160 2,160 Use the least squares method to develop a formula for budgeting utility cost. Note: Round your calculations to two decimal places. y = $ 0 + $ 0 MH

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