Melody

Leigh,

owner of

Broadway Floral,

operates a local chain of floral shops. Each shop has its own delivery van. Instead of charging a flat delivery fee,

Leigh

wants to set the delivery fee based on the distance driven to deliver the flowers.

Leigh

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.

She

has the following data from the past seven months:

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the icon to view the data.)

Read the requirements OGGED Requirement 1. Determine the company's cost equation (use the output from the Excel regression). (Round the amounts to two decimal places.) X + - X Data table the Month Miles Driven Van Operating costs $5,390 $5,280 January February ---- ... 15,500 17,400 15,400 16,300 March ---- April May $4,960 $5,340 $5,450 $5,230 16,500 June . 15,200 14,400 July $4,680 . Print Done