Mca computing least squares regression estimates

Assignment Help Accounting Basics

Reference no: EM1365070

MCA handles several daily commuter flights. The budget officer compiled the following data regarding airport costs and activity over the past years:

Month Flights originating at MCA (000) Airport cost

January....................................11...................................................20.00
February......................................8...................................................17.00
March.........................................14................................................19.00
April...........................................9........................................................18.00
May............................................10................................................19.00
June..................................................12...............................................20.00
July................................................11...................................................18.00
August...........................................14.................................................24.00
September.....................................10...............................................19.00
October.........................................12............................................21.00
November..........................................9............................................17.00
December.....................................15...................................................21

1. Draw a scatter diagram of the airport costs

2. Compute the least spuares regression estimates of the variable and fixed cost components in the airport cost behavior pattern.

3. Write the least squares regression equation for the airport costs

4. Predict the airport costs during a month when 1,600 flights originate at the airport

5. Compute the coeficient of determination for the regression equation . Ineterpret R2

Reference no: EM1365070

Questions Cloud

Process for evaluating and revising a public policy : Describe the purpose and methodologies process for evaluating and revising a public policy.

Explain stable corporation has been paying : Explain Stable Corporation has been paying an annual dividend of $3 per share for 10 years

Measurement strategy plan for a healthcare organization : Please give me examples on how to design an outcomes measurement strategy and/or plan for a healthcare organization to use to assess the quality of care and reduce risk.

Create the crow-s foot erd segment for employment : FRC keeps a history of the employment of all mechanics. The history includes the date hired, date promoted, date terminated and so on. Given those requirements, create the Crow's Foot ERD Segment.

Mca computing least squares regression estimates : Draw a scatter diagram of the airport costs. Compute the least spuares regression estimates of the variable and fixed cost components in the airport cost behavior pattern.

Healthy san francisco plan : In 2007, San Francisco began its Healthy San Francisco Plan designed to provide healthcare for all San Francisco citizens.

Calculating monthly payment on a zero interest loan : Bart Simpson always wishes to purchase a digital camera. Homer and Marge go shopping at Sprawl-Mart for the newest digital camera.

Define the net proceeds of the issue to the firm : Explaiin If flotation costs amount to 3%, what will be the net proceeds of the issue to the firm

Does vc or datagram architecture have more traffic overhead : Suppose that the links and routers in the network never fail and that routing paths used between all source/destination pairs remains constant. In this scenario, does a VC or datagram architecture have more traffic overhead. Why?

User Account

All Pages