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(Click the icon to view the data.) Read the Requirement 1. Estimate the cost function for the quarterly data using the high-low method. (Complete all

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(Click the icon to view the data.) Read the Requirement 1. Estimate the cost function for the quarterly data using the high-low method. (Complete all answer boxes.) Data table Requirements 1. Estimate the cost function for the quarterly data using the high-low method. 2. Plot and comment on the estimated cost function. 3. Cariton anticipates that MVR will operate machines for 100,000 hours in quarter 9 . Calculate the predicted utility costs in quarter 9 using the cost function estimated in requirement 1

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