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QUESTION

linear regression

1.            Management has studied work patterns in the housekeeping department and estimates the number of hours to be worked as follows. Hours worked = (1,500 per month) + (0.50 X RVUs).For the coming month, management expects relative value units (RVU) to be 5,800. What should budgeted labor for the month be?

2.      Last year, the price for thermometer covers in a pediatrician’s office was $0.05 each. This year, the covers cost $0.06 each. If the office purchased 10,000 thermometer covers this year, what is the price variance?

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* ********** *** studied **** ******** ** *** ************ ********** *** ********* *** number ** hours to be worked ** ******* Hours ****** = ***** *** ****** * **** X RVUs)For *** ****** ***** ********** ******* ******** ***** ***** ***** to be 5800 **** should ******** ***** *** *** ***** **** **** **** the price for thermometer ****** ** * pediatrician’s ****** was **** **** **** **** the ****** **** $006 **** ** *** ****** ********* ***** thermometer covers this **** what ** *** ***** *********

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