# Homework: Chapter 6 Homework Save Score: 0 of 1 pt 10 of 12 (10 complete) HW Score: 78.87%, 9.46 of 12 pts E6-27A (similar to) Question Help Karen Chen, owner of Rose Red, operates a local chain of floral shops. Each shop has its own delivery van. Instead of charging a flat delivery fee, Chen wants to set the delivery fee based le portions of her van operating costs so that she has a be (Click the icon to view the data.) i Data Table X just seven months: Read the requirements Requirement 1. Determine the company Month Miles Driven Van Operating Costs decimal places.) January 15.500 $5.400 y = $ x +$ February 17,500 55,350 March . 14.400 54.980 April 16,400 $5,280 feedback May 16,900 $5,580 June 15,300 $5,010 July 13,500 $4,590 Enter any number in the edit fields and Print Done 4 parts remaining Clear All Check Answer O Type here to search hp 7:44 PM 7/15/2019Score: 0 of 1 pt 10 of 12 (10 complete) HW Score: 78.87%, 9.46 of 12 pts E6-27A (similar to) Question Help Karen Chen, owner of Rop ing a flat delivery fee, Chen wants to set the de van operating costs so the Requirements - X variable portions of her the past seven months: (Click the icon to view Read the requirements- Use Microsoft Excel to run a regression analysis, then do the following: Requirement 1. Determi 1. Determine the company's cost equation (use the output from the Excel regression) o two decimal places.) y = $ x + S 2. Determine the R-square (use the output from the Excel regression). What does Rose Red's R-square indicate? 3. Predict van operating costs at a volume of 17,000 miles assuming the company would use the cost equation from the Excel regression regardless of its R-square. Should the company rely on this cost estimate? Why or why not? feedback Print Done Enter any number in the edit fields and then click Check Answer. 4 parts remaining Clear All Check Answer O Type here to search e A 7:45 PM 7/15/2019Homework: Chapter 6 Homework Save Score: 0 of 1 pt 10 of 12 (10 complete) HW Score: 78.87%, 9.46 of 12 pts E6-27A (similar to) Question Help Karen Chen, owner of Rose Red, operates a local chain of floral shops. Each shop has its own delivery van. Instead of charging a flat delivery fee, Chen wants to set the delivery fee based on the distance driven to deliver the flowers. Chen wants to separate the fixed and variable portions of her van operating costs so that she has a better idea how delivery distance affects these costs. She has the following data from the past seven months: (Click the icon to view the data.) Read the requirements. Requirement 1. Determine the company's cost equation (use the output from the Excel regression). (Round the amounts to two decimal places.) y = $ x+$ feedback Enter any number in the edit fields and then click Check Answer. ? 4 parts remaining Clear All Check Answer O Type here to search e hp 7:44 PM 7/15/2019
