Jo Odie Company manufactures a popular brand of cat repellant known as Cat-B-Gone, which it sells in gallon-size bottles with a spray attachment. The majority of Odie's business comes from orders placed by homeowners who are trying to keep neighborhood cats out of their yards. Odie's operating information for the first six months of the year follows: Month January February March April May June Number of Bottles Sold 1,000 1,100 1,300 2,000 2,400 3,000 Operating Cost $ 8,000 7,700 9,900 14,000 17,250. 20,000

Odie Company manufactures a popular brand of cat repellant known as Cat -B-Gone, which it sells in gallon-size bottles with a spray attachment. The majority of Odie's business comes from orders placed by homeowners who are trying to keep nelghborthood cats out of their yards. Odle's operating information for the first slx months of the year follows: Required: 3. Using the high-low method, calculate Odie's total fixed operating costs and vatable operating cost per bottle 4. Perform a least-squares regression analysis on Odie's data. 5. Determine how well this regression analysis explains the data. 6. Using the regression output, create a linear equation (y=a+bx) for estimating Odie's operating costs