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nons ar 22. LO.4 (High-low method) Wyoming Wholesale has gathered the following data on the number of shipments received and the cost of receiving reports

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nons ar 22. LO.4 (High-low method) Wyoming Wholesale has gathered the following data on the number of shipments received and the cost of receiving reports for the first severn weeks of 2013. Number of Shipments Received 50 40 35 53 58 60 Weekly Cost of Receiving Reports $175 162 154 142 185 200 202 a. Using the high-low method, develop the equation for predicting weekly receiving report costs based on the number of shipments received. b. What is the predicted amount of recciving report costs for a week in which 72 ship- ments are received? c. What are the concerns you have regarding your prediction from (b)

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