Kathy Tran, owner of Rose Red operates a local chain of flow shops Each shophasis own delivery vannstad of charging delivery Tran write to every me based on the street lover the town. Tra to more the feed and variable portion of her van operating costs so that she has a better idea how delivery distance affect the costs. She the following data from the two months unok the toon to view that Read the same Requirement 1. Determine the company's costutiones from the Elmer Roundtheworld Requirement 2. Dobermine the Red the output from the town The R-quared What does Rose Reds Rare indicate The squared indicates that the contato pa of the variability in the data in other word Roed econd to predict volumes within the same levant range Requirement Predict an operating coata volume of 16,000 miles suming the company wore the cost om een goed should the company yo not Hound your awer to the nearest cant) Wowy The operating costs at a volume of 18.000 m Should the company rely on this cost estimate? Why or why not? Since the equared is the com Excel Data Table X on). Month Miles Driven Van Operating Costs January 15,900 $5,420 February 18,000 $5,460 in the March 15,300 $5,100 April 16,300 $5,290 the May . 17,000 June $5,520 $5,150 ...... 15,700 July 15,000 $4,950 Print Done