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Return to questio Answer is complete but not entirely correct. Intercept X Variable 1 Coefficients 3,449.37 8.77 6. Using the
ompleted so far. It does not indicate completion. Return to question Leslie Sporting Goods is a locally owned store that spec
4. Using the high-low method results, calculate the stores expected operating cost if it printed 475 jerseys. (Do not round
6. Using the regression output, create a linear equation (y = a + bx) for estimating Leslies operating costs. (Round your an
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Answer #1

5.

z M 109 Units cost 110 210 5745 111 220 5850 112 540 8645 113 690 9750 114 625 9250 115 460 6210 116 385 6125 117 245 5930 11

Here Cost is Dependent variable and Unit produced is a Independent variable.

Formulas used :-

Variable cost =SLOPE(N110:N121,M110:M121)

Fixed cost =INTERCEPT(N110:N121,M110:M121)

6.

y = a + bx​​

Where a = Fixed cost

b = Variable cost per unit

y = Expected Operating cost

x = Units Produced

The regression equation will be as follows :-

y = 3448.06 +8.77x

Please give me a Thumbs up ?.Thanks!!

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