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Davis Stores sells clothing in 15 stores located around thesouthwestern United States. The managers at Davis are consideringexpanding by opening new stores and are interested in estimatingcosts in potential new locations. They believe that costs aredriven in large part by store volume measured by revenue. During adiscussion, one of the managers suggests that number of employeesmight be better at explaining cost than store revenues. As a resultof that suggestion, managers collected the following informationfrom last year’s operations (revenues and costs in thousands ofdollars):StoreCostsEmployeesRevenues101$2,32340$5,8811021,926254,4241032,941286,9831042,728376,9371052,497495,3221065,206503,3391072,924444,8071083,168402,8291092,775284,7091105,917574,6401112,452323,8061123,128285,0051133,282373,2981144,880424,9101155,157544,889d-1. Enter the regression coefficients.d-2. Estimate the cost of a store with 42employees using the results from a simple regression of store coston employees.Enter the regression coefficients. (Round your answers to 2decimal places. Negative amounts should be indicated by a minussign.)InterceptEmployeesEstimate the cost of a store with 42 employees using the resultsfrom a simple regression of store cost on employees. (Round yourintermediate calculations and final answer to 2 decimalplaces.)Store cost
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