Business, 06.11.2019 01:31 larey

Jensen tire & auto is in the process of deciding whether to purchase a maintenance contract for its new computer wheel alignment and balancing machine. managers feel that maintenance expense should be related to usage, and they collected the following information on weekly usage (hours) and annual maintenance expense (in hundreds of dollars).weekly usage(hours) annualmaintenance expense20 1717 2227 3035 3739 4724 3131 3338 3947 5245 40develop the estimated regression equation that relates annual maintenance expense (in hundreds of dollars) to weekly usage hours (to 3 decimals).

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