Question As part of his besacest analyst Ould A Merri collected the following information concerning the operations of the Machining Department Observation Troral Operating costs Machine-hours January 345.000 2000 February SO 3.600 33.980 BUDO For 3.400 322.000 27460 My 00 Rewice Al compute the values of a and in the linear cost function (Y *+ bx relating total operating cost to machine hours, using the High & Low mark) method. * what would be the predicted total operating costs for 5.300 hours in June using the cost function estimated in Requirement A) above? (1 marks) arald A Merry also calculated total estimated cost as $32.375 for 5300 machine hours using regression method and found his result slightly above Explain the possible reasons of this difference. Also explain which calculation will be more reliable it mars For the toolbar.press ALT 10 Pr ALT FNF10 (x) BIVS Paragraph different ftartithe High Louchethod Go to Settings to activate