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An IT company estimated its service cost formula to be as follows: Service cost =$12,000 + ( $.56*Support ticket issues) You are required to :

An IT company estimated its service cost formula to be as follows:

Service cost =$12,000 + ( $.56*Support ticket issues)

You are required to :

  1. Identify the Independent variable
  2. Identify the Dependent variable
  3. Identify the Intercept
  4. Identify the slope
  5. Calculate the total service cost if company issue 3,700 tickets

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