subject
Business, 18.09.2021 01:00 karlyisaunicorn

Exercise 5A-2 (Algo) Least-Squares Regression [LO5-11] Skip to question [The following information applies to the questions displayed below.] Bargain Rental Car offers rental cars in an off-airport location near a major tourist destination in California. Management would like to better understand the variable and fixed portions of its car washing costs. The company operates its own car wash facility in which each rental car that is returned is thoroughly cleaned before being released for rental to another customer. Management believes that the variable portion of its car washing costs relates to the number of rental returns. Accordingly, the following data have been compiled: Month Rental Returns Car Wash Costs January 2,500 $ 11,900 February 2,500 $ 13,600 March 2,800 $ 12,700 April 3,100 $ 15,600 May 3,700 $ 17,100 June 5,200 $ 25,100 July 5,600 $ 23,100 August 5,700 $ 24,400 September 4,800 $ 23,700 October 4,500 $ 23,800 November 2,300 $ 11,600 December 3,100 $ 17,400 Exercise 5A-2 Part 2 (Algo) 2. Using least-squares regression, estimate the variable cost per rental return and the monthly fixed cost incurred to wash cars. (Round Fixed cost to the nearest whole dollar amount and the Variable cost per unit to 2 decimal places.)

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 20:20, alkaline27
Jing-sheng facilitated a hiring committee for his advertising company. six employees (including two managers) met together to discuss applicants and select the finalists for a copywriter position in the public relations department. although the head of public relations would have the final nod on the candidate that would ultimately be hired, the evaluative work of the committee was very important because this group would send forward those persons they believed would be good work colleagues. in setting up this type of hiring process, the head of public relations was utilizing a(n) style of leadership. a. autocraticb. free-reinc. contingentd. participative
Answers: 3
image
Business, 21.06.2019 21:00, sickboi
Consider a small island country whose only industry is weaving. the following table shows information about the small economy in two different years. complete the table by calculating physical capital per worker as well as labor productivity. hint: recall that productivity is defined as the amount of goods and services a worker can produce per hour. in this problem, measure productivity as the quantity of goods per hour of labor. year physical capital labor force physical capital per worker labor hours output labor productivity (looms) (workers) (looms) (hours) (garments) (garments per hour of labor) 2024 160 40 1,800 14,400 2025 180 60 3,900 23,400
Answers: 2
image
Business, 22.06.2019 01:30, kel3194
Standardization is associated with which of the following management orientations? a) ethnocentric orientation b) polycentric orientation c) regiocentric orientation d) geocentric orientation
Answers: 1
image
Business, 22.06.2019 11:30, ninaa8748
When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is
Answers: 2
You know the right answer?
Exercise 5A-2 (Algo) Least-Squares Regression [LO5-11] Skip to question [The following information a...

Questions in other subjects:

Konu
Mathematics, 11.04.2020 21:31