Rabuet Travel offers helicopter service from suburban towns to John F. Kennedy International Airport in New York City. Each of its 7 helicopters makes between 900 and 1,800 round-trips per year. The records indicate that a helicopter that has made 900 round-trips in the year incurs an average operating cost of $385 per round-trip, and one that has made 1,800 round-trips in the year incurs an average operating cost of $250 per round-trip. Read the requirements. Requirement 1. Using the high-low method, estimate the linear relationship y=a + bx, where y is the total annual operating cost of a helicopter and X is the number of round-trips it makes to JFK airport during the year. 1 Requirements 1. Using the high-low method, estimate the linear relationship y= a + bx, where y is the total annual operating cost of a helicopter and X is the number of round-trips it makes to JFK airport during the year. 2. Give examples of costs that would be included in a and in b. 3. If Rabuet Travel expects each helicopter to make, on average, 1,300 round-trips in the coming year, what should its estimated operating budget for the helicopter fleet be? Print Done Choose from any drop-down list and then click Check