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Raymond and Reena are partners in a driver's ed business, providing a much-needed service to want-to-be-drivers in their region. They have been satisfied with the profits their business has generated to date, but they'd like to have more reliable estimates for future costs. Believing that the most certain cost driver for their total costs is number of students served, they gathered the following data for the past year. Month 1 2 3 4 5 6 7 8 9 10 11 12 Number of Students 42 49 38 45 52 55 58 51 60 63 54 56 Total Costs $12,500 13,000 14,200 15,000 14,800 14,600 16,200 14,700 15,200 17,000 16,400 15,000

Raymond and Reena are parthers in a driver's ed business, providing a much-nceded service to want to-be-drivers in their region. They have beensatisfied with the profits their business has generated to date, but they'd like to have more reliable estimates for future costs. Believing that the most certain cost driver for their total costs is number of students served, they gathered the following data for the past year. Use the regression analysis to estimate a cost function for total monthly driver's ed costs based on romber of students. Uhound answers to 2 decimal ploces, es, 15.25) y=5x+5 Attempts: 0 of 1 used Raymond and Reena are parthers in a driver's ed business, providing a much-nceded service to want to-be-drivers in their region. They have beensatisfied with the profits their business has generated to date, but they'd like to have more reliable estimates for future costs. Believing that the most certain cost driver for their total costs is number of students served, they gathered the following data for the past year. Use the regression analysis to estimate a cost function for total monthly driver's ed costs based on romber of students. Uhound answers to 2 decimal ploces, es, 15.25) y=5x+5 Attempts: 0 of 1 used

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