Question

The cost of building a supermarket is related to the total area of the building in the data below for Regork, Inc. What is th
0 0
Add a comment Improve this question Transcribed image text
Answer #1

The mathematical equation ( regression equation ) for the given data is

Cost = 50631.1480 + 51.4975*Area

The minimal cost for supermarket even before any square footage build is $50631.1480.

Add a comment
Know the answer?
Add Answer to:
The cost of building a supermarket is related to the total area of the building in...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Estimate the cost of a median quality, 5,000 ft medical office to be built in Panama...

    Estimate the cost of a median quality, 5,000 ft medical office to be built in Panama City, FL. starting in January 2008. Assume that this estimate is made in January 2007 and cost increase is 5.0%/year. Include a design fee. (20 points) Square Feot Base Size Typical Range Gross SF 5500 14500 7000 31,000 4,200 15700 4,000 15,000 120.000 Median Cost Typical Size per SF $180T00 J0600 10100 95.25 7295 95.05 79.45 83.45 107.00 133.00 98.40 733.00 81.50 139.00 119.00...

  • Tony and Jeannie Nelson are married and file a joint return. They have four children whose...

    Tony and Jeannie Nelson are married and file a joint return. They have four children whose ages are: 12,15,19 & 23. The three youngest live at home with their parents and qualify as their dependents. The oldest Roger got married on 5/5 2019 and lives with his wife, Jane. The 19-year old Tabitha is studying Fine Arts at Savannah College of Art & Design. During the summer she helps her mother put together the art exhibits. They provide you with...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT