Kete Chen, owner of Tulip Time, operates a local chain of floral shops. Each shop has its own delivery van. Insteod of charging a flat dalivery foe, Chen wants to ses the delivery fee. based on tho distance driven to deliver the flowers. Chen warts to separate the fixed and variable porfions of her van oporating oosis so that she has a better idea how delivary fistance affects these costs. She has the following data from the pest soven months: (Click the icon to viaw the data) Road the recriremerta- Requirement 1. Determine the company's cost equation (uso the output from the Excel regression). (Round the amounts to two docinal placin.) y=x+ Data table Requirements Use Microsoft Excel to run a regression analysis, then do the following: 1. Determine the company's cost equation (use the output from the Excel regression). 2. Determine the R-squared (use the output from the Excel regression). What does Tulip Time's R-squared indicate? 3. Predict van operating costs at a volume of 15,500 miles assuming the company would use the cost equation from the Excel regression regardless of its R-squared. Should the company rely on this cost estimate? Why or why not