1. Perform a least-squares regression analysis on Camp Rainbow's data. 2. Using the regression output, create a cost equation (y= a + bx) for estimating Camp Rainbow's operating costs. 3. Using the least-squares regression results, calculate the camp's expected operating cost if 194 children attend a session.

MATLAB: An Introduction with Applications
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Chapter1: Starting With Matlab
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Required information
[The following information applies to the questions displayed below.]
Camp Rainbow offers overnight summer camp programs for children ages 10 to 14 every summer during June and July.
Each camp session is one week and can accommodate up to 200 children. The camp is not coed, so boys attend during
the odd-numbered weeks and girls attend during the even-numbered weeks. While at the camp, participants make crafts.
participate in various sports, help care for the camp's resident animals, have cookouts and hayrides, and help assemble
toys for local underprivileged children.
The camp provides all food as well as materials for all craft classes and the toys to be assembled. One cabin can
accommodate up to 10 children, and one camp counselor is assigned to each cabin. Three camp managers are on-site
regardless of the number of campers enrolled.
Following is the cost information for Camp Rainbow's operations last summer:
Number of Cost to Run
Camp
$ 11,950.
8,960
11,080
9,480
9,180
14,330
Week
1
2
3
4
5
8
campers
154
94
168
120
116
182
194
98
14,060
8,890
Transcribed Image Text:Required information [The following information applies to the questions displayed below.] Camp Rainbow offers overnight summer camp programs for children ages 10 to 14 every summer during June and July. Each camp session is one week and can accommodate up to 200 children. The camp is not coed, so boys attend during the odd-numbered weeks and girls attend during the even-numbered weeks. While at the camp, participants make crafts. participate in various sports, help care for the camp's resident animals, have cookouts and hayrides, and help assemble toys for local underprivileged children. The camp provides all food as well as materials for all craft classes and the toys to be assembled. One cabin can accommodate up to 10 children, and one camp counselor is assigned to each cabin. Three camp managers are on-site regardless of the number of campers enrolled. Following is the cost information for Camp Rainbow's operations last summer: Number of Cost to Run Camp $ 11,950. 8,960 11,080 9,480 9,180 14,330 Week 1 2 3 4 5 8 campers 154 94 168 120 116 182 194 98 14,060 8,890
Required:
1. Perform a least-squares regression analysis on Camp Rainbow's data.
2. Using the regression output, create a cost equation (y= a + bx) for estimating Camp Rainbow's operating costs.
3. Using the least-squares regression results, calculate the camp's expected operating cost if 194 children attend a session.
Transcribed Image Text:Required: 1. Perform a least-squares regression analysis on Camp Rainbow's data. 2. Using the regression output, create a cost equation (y= a + bx) for estimating Camp Rainbow's operating costs. 3. Using the least-squares regression results, calculate the camp's expected operating cost if 194 children attend a session.
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