2e Slide # 42 Q5: Regression Interpretation Example What is Caroleâs estimated cost function? In a store that serves 10
000 customers
what would you predict for the storeâs total monthly costs? Predicted total costs = $4
634 + ($1.388/customer) x (# of customers) Predicted total costs at 10
000 customers $4
634 + ($1.388/customer) x 10
000 customers = $18
514 =