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Kerri Chen, owner of Flowers 4 You, operates a local chain of floral shops. Each shop has its own delvery van, Instead of charging a

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Kerri Chen, owner of Flowers 4 You, operates a local chain of floral shops. Each shop has its own delvery van, Instead of charging a flat delivery fee, Chen wants fo set the delivery fee based on the distance diven to deliver the flowers. Chen wants to neparate the fored and variable portions of her van operating costs so that she has a beller idea how delivery distance affecta these costs. Flowers 4 You does a rogression analysis co tho noxt year's data using Excal. The output generatod by Excel is as folows: (Click the icon to view the regression analysis.) Read the repinements. Requirement 1. Detormine tho firmis cost uquation (use the output from the Excol regrension). (Enter amounts to two decimal paces:) y= the icon 8a vinw tha regressiden analysin I Requirements 1. Deleimane the firmin cost equabon (iane the ouput boen the Eicel regression) 2. Detemine the R-aquared fuse ne oulput fem the Excel regression) What. does Fioners 4 Youls Rlsquared indeate? 3. Piedics vin eqpeating coabe at a volume of 15.500 miles ussiming the as R-squarod. Shonld the toegeny roly on this cost estimate? Why or afy no

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