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A summary of total charges from a small cafs natural gas bills is provided below: Month kJ Cost October 14 $187 November 17 187 December

A summary of total charges from a small cafs natural gas bills is provided below:

Month kJ Cost
October 14 $187
November 17 187
December 30 230
January 35 264
February 33 270
March 20 200

Using regression analysis, the fixed cost component (rounded to the nearest dollar) is

Question 4Answer

a.

$120

b.

$122

c.

$125

d.

$4

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