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Current Attempt in Progress Patricia was attempting to estimate a model for her small business's overhead costs. She is 99.9% sure that-overhead costs are driven

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Current Attempt in Progress Patricia was attempting to estimate a model for her small business's overhead costs. She is 99.9% sure that-overhead costs are driven primarily by production, but she also knows that this cost isn't entirely variable. So she grabbed the last 8 months of production and overhead cost data, listed it out, and plotted it as follows. Month # of Units Produced Overhead Cost 260 $2,550 2 220 1,800 3 290 2,170 4 350 2,760 370 2,400 330 2,670 280 2,200 00 300 2,960 (a1) Your answer is correct. Patricia is planning to use the high-low method to estimate this cost function. Is it important for the data to exhibit a linear relationship when using this method? is important for the data to exhibit a linear relationship. eTextbook and Media Attempts: 1 of 3 used (b) Help Patricia estimate her company's overhead costs using the high-low method. Write your final model in Y = m(X) + b format. Y = $ X + $ eTextbook and Media Save for Later Attempts: 0 of 3 used Submit

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