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Question - The following data was input into a spreadsheet program to determine the Intercept, Slope and R2 (RSQ) for Patient Days and Maintenance Costs for a local hospital:
Month Patent Days (X) Maintenance Costs (Y)
January 3,300 $4,450
February 4,050 $4,750
March 3,000 $4,200
April 3,750 $4,600
May 4,150 $5,050
June 4,500 $5,400
July 2,600 $4,400
Intercept $2,734
Slope $0.541
RSQ 0.793
Required - Find the estimated total maintenance cost for August based on an estimated 4,000 patient days?
A. $4,898
B. $3,092
C. $2,734
D. $4,509
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