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Kerri Jungemann owner of Flowers 4 You operates a local chain of floral shops Each...

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Basic Math

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Kerri Jungemann owner of Flowers 4 You operates a local chain of floral shops Each shop has its own delivery van Instead of charging a flat delivery fee Jungemann wants to se the delivery fee based on the distance driven to deliver the flowers Jungemann wants to separate the fixed and variable portions of her van operating costs so that she has a better idea how delivery distance affects these costs She has the following data from the past seven months Click the icon to view the data Read the requirements Requirement 1 Determine the company s cost equation use the output from the Excel regression Round the amounts to two decimal places y X Data table Month January February 17 400 March 15 400 April 16 300 May 16 500 June 15 200 July 14 400 Miles Driven Van Operating Costs 15 500 5 390 5 280 4 960 5 340 5 450 5 230 4 680 I X

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