2. The same consultants at Hayward Management Consulting Group are discussing the factors that explain the cost of maintenance for a fleet of Buses at the Buena School District. You have data on Cost of Maintenance (Y- Dependent Variable) and Age in Years of a vehicle (X- Independent Variable). Using the data in MS-Excel (Attached), do a regression analysis to identify a. the Fixed Charge and b. the cost for each additional mile of transportation c. What is the Coefficient of Determination? d. What is the estimated cost of maintenance for a bus that is i 8 years ii. 5 years ii. 3 years Data Set 3.-Buena School District Bus Data Bus Number Maintenance Age Miles Туре Bus-Mfg Passenger X 2 X 3 X 5 X 6 135 329 853 Diesel Bluebird 55 Passenger 120 503 10 883 Diesel Keiser 42 Passenger 200 505 10 822 Diesel Bluebird 55 Passenger 8. 40 466 10 865 Gasoline Bluebird 55 Passenger 6. 427 359 7 751 Gasoline Keiser 55 Passenger 10 759 546 870 Diesel Keiser 55 Passenger 11 10 427 780 Gasoline Keiser 14 Passenger 55 Passenger 6 Passenger 55 Passenger 12 880 474 857 Gasoline Keiser 13 481 382 3. 818 Gasoline Keiser 14 387 422 869 Gasoline Bluebird 15 326 433 848 Diesel Bluebird 55 Passenger 16 861 474 10 845 Gasoline Bluebird 55 Passenger 17 122 558 10 885 Gasoline Bluebird 55 Passenger 18 156 561 12 Diesel Thompson Bluebird 838 55 Passenger 19 887 357 8. Diesel 6 Passenger 55 Passenger 760 Bluebird Bluebird 20 686 329 741 Diesel 21 490 497 10 859 Gasoline 55 Passenger Gasoline Keiser 55 Passenger 55 Passenger 55 Passenger 22 370 459 826 23 464 355 3. 806 Gasoline Bluebird 24 875 489 858 Diesel Bluebird Output Bus 田 回 四 Ready 62 F A 2Type here to search %24 N N N

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2. The same consultants at Hayward Management Consulting Group are discussing the factors that
explain the cost of maintenance for a fleet of Buses at the Buena School District.
You have data on Cost of Maintenance (Y- Dependent Variable) and Age in Years of a vehicle (X-
Independent Variable).
Using the data in MS-Excel (Attached), do a regression analysis to identify
a. the Fixed Charge and
b. the cost for each additional mile of transportation
c. What is the Coefficient of Determination?
d. What is the estimated cost of maintenance for a bus that is
i 8 years
ii. 5 years
ii. 3 years
Transcribed Image Text:2. The same consultants at Hayward Management Consulting Group are discussing the factors that explain the cost of maintenance for a fleet of Buses at the Buena School District. You have data on Cost of Maintenance (Y- Dependent Variable) and Age in Years of a vehicle (X- Independent Variable). Using the data in MS-Excel (Attached), do a regression analysis to identify a. the Fixed Charge and b. the cost for each additional mile of transportation c. What is the Coefficient of Determination? d. What is the estimated cost of maintenance for a bus that is i 8 years ii. 5 years ii. 3 years
Data Set 3.-Buena School District Bus Data
Bus Number Maintenance
Age
Miles
Туре
Bus-Mfg
Passenger
X 2
X 3
X 5
X 6
135
329
853
Diesel
Bluebird
55 Passenger
120
503
10
883
Diesel
Keiser
42 Passenger
200
505
10
822
Diesel
Bluebird
55 Passenger
8.
40
466
10
865
Gasoline
Bluebird
55 Passenger
6.
427
359
7
751
Gasoline
Keiser
55 Passenger
10
759
546
870
Diesel
Keiser
55 Passenger
11
10
427
780
Gasoline
Keiser
14 Passenger
55 Passenger
6 Passenger
55 Passenger
12
880
474
857
Gasoline
Keiser
13
481
382
3.
818
Gasoline
Keiser
14
387
422
869
Gasoline
Bluebird
15
326
433
848
Diesel
Bluebird
55 Passenger
16
861
474
10
845
Gasoline
Bluebird
55 Passenger
17
122
558
10
885
Gasoline
Bluebird
55 Passenger
18
156
561
12
Diesel
Thompson
Bluebird
838
55 Passenger
19
887
357
8.
Diesel
6 Passenger
55 Passenger
760
Bluebird
Bluebird
20
686
329
741
Diesel
21
490
497
10
859
Gasoline
55 Passenger
Gasoline
Keiser
55 Passenger
55 Passenger
55 Passenger
22
370
459
826
23
464
355
3.
806
Gasoline
Bluebird
24
875
489
858
Diesel
Bluebird
Output
Bus
田 回 四
Ready
62 F A
2Type here to search
%24
N N N
Transcribed Image Text:Data Set 3.-Buena School District Bus Data Bus Number Maintenance Age Miles Туре Bus-Mfg Passenger X 2 X 3 X 5 X 6 135 329 853 Diesel Bluebird 55 Passenger 120 503 10 883 Diesel Keiser 42 Passenger 200 505 10 822 Diesel Bluebird 55 Passenger 8. 40 466 10 865 Gasoline Bluebird 55 Passenger 6. 427 359 7 751 Gasoline Keiser 55 Passenger 10 759 546 870 Diesel Keiser 55 Passenger 11 10 427 780 Gasoline Keiser 14 Passenger 55 Passenger 6 Passenger 55 Passenger 12 880 474 857 Gasoline Keiser 13 481 382 3. 818 Gasoline Keiser 14 387 422 869 Gasoline Bluebird 15 326 433 848 Diesel Bluebird 55 Passenger 16 861 474 10 845 Gasoline Bluebird 55 Passenger 17 122 558 10 885 Gasoline Bluebird 55 Passenger 18 156 561 12 Diesel Thompson Bluebird 838 55 Passenger 19 887 357 8. Diesel 6 Passenger 55 Passenger 760 Bluebird Bluebird 20 686 329 741 Diesel 21 490 497 10 859 Gasoline 55 Passenger Gasoline Keiser 55 Passenger 55 Passenger 55 Passenger 22 370 459 826 23 464 355 3. 806 Gasoline Bluebird 24 875 489 858 Diesel Bluebird Output Bus 田 回 四 Ready 62 F A 2Type here to search %24 N N N
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