Kathy Reynolds, owner of Flower Mode, operates a local chain of floral shops. Each shop has its own delivery van. Instead of charging a flat delivery fee, Reynolds wants to set the delivery fee based on the distance driven to deliver the flowers. Reynolds 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. Flower Mode does a regression analysis on the next year's data using Excel. The output generated by Excel is as follows: (Click the icon to view the regression analysis.) Read the requirements. Requirement 1. Determine the firm's cost equation (use the output from the Excel regression). (Enter amounts to two decimal places.) V = X + Regression analysis B D E F G 1 SUMMARY OUTPUT 0.88 2 Regression Statistics 3 Multiple R 4 R Square Adjusted R Square 0.77 0.73 6 Standard Error 184 7 Observations 7 8 ANOVA 9 df SS MS F Significance F 0.0092 10 Regression 1 573,112.39 573,112.39 16.93 11 Residual 5 169,287 61 33,857.52 12 Total 6 742,400.00 13 Coefficients Standard Error t Stat P-value Lower 95% 1,086.52 0.84 0.44 -1,884.05 14 Intercept 15 X Variable 1 908.93 0.28 Upper 95% 3,701.92 0.46 0.07 4.11 0.01 0.11