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Find the estimated total maintenance cost for August

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Reference no: EM132850393

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

Reference no: EM132850393

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