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does a regression analyais on the next year't data uting Excol. The outpul gonerated by...

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Accounting

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does a regression analyais on the next year't data uting Excol. The outpul gonerated by Excel is as follown- (Click the icon to viow the regression analysis.) Riead the requrements Requirement 1. Detarmine the frmis coss equation (uso the output from the Excel regression). (Eriter ampints to mio decimat places) y=x+1 1. Determine the firm's cost equation (use the output from the Excel regression). 2. Determine the R-squared (use the output from the Excel regression). What does Flower Paradise's R-squared indicate? 3. Predict van operating costs at a volume of 15,500 miles assuming the company would use the cost equation from the Excel regression regardless of its R-squared. Should the company rely on this cost estimate? Why or why not

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