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help! Patricia was attempting to estimate a modelfor her small business's overhead costs, 5 he is 99.9% sure that overhead costs are driven primarily by
help!
Patricia was attempting to estimate a modelfor her small business's overhead costs, 5 he is 99.9% sure that overhead costs are driven primarily by production but she also knows that this cost isn't entirely variable. 50 she grabbed the last 8 months of productien and overhead cost data, listed it out, and plotted it as follew. (a1) Your answer has been saved 5 ee score details after the due date. Patricia is planning to use the high low method to estimate this cost function. is it important for the data to cahibit a linear relationship when using this method? it important for the data to exhibit a linear relaticnship. 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+5 Attempts: 0 of 1 used Step by Step Solution
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