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Kim Woo, owner of Flower Hour, operates a local chain of floral shops. Each shop has its own delivery van. Instead of charying a fat delivery fee, Woo wanis to set the delivery fee tased on the distance driven to deliver the flowers. Woo wants to separate the fixed and variable portions of her van operating costs so that she has a better idea how delivery distance affects hese conta. She has the following data trom the past seven months: (Click the icon to view the data ) Read the reaingments Requirement 1. Determine the compeny's cost equation (use the cutput trom the Excel regression). (Rhound the amounta to tavo decimal places ) y= lowers. Woo wants to separate the fixed and variable portions of her van operating costs s past seven months: data.) Data table ower Hour, operates a local chain of floral shops. Each shop has its own delivery van. Instead of charging a ver the flowers. Woo wants to separate the fixed and variable portions of her van operating costs so that she from the past seven months: view the data.) s. 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 Flower Hour'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 regardiess of its R-squared. Should the company rely on this cost estimate? Why or why not