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Rabuet Travel offers helicopter service from suburban towns to John F . Kennedy International Airport in New York City. Each of its eleven helicopters makes
Rabuet Travel offers helicopter service from suburban towns to John F Kennedy International Airport in New York City. Each of its eleven helicopters makes between and roundtrips per
year. The records indicate that a helicopter that has made roundtrips in the year incurs an average operating cost of $ per roundtrip, and one that has made roundtrips in the year
incurs an average operating cost of $ per roundtrip.
Read the requirements.
Requirement Using the highlow method, estimate the linear relationship where is the total annual operating cost of a helicopter and is the number of roundtrips it makes to JFK
airport during the year.
Requirements
Using the highlow method, estimate the linear relationship where
is the total annual operating cost of a helicopter and is the number
of roundtrips it makes to JFK airport during the year.
Give examples of costs that would be included in a and in
If Rabuet Travel expects each helicopter to make, on average,
roundtrips in the coming year, what should be its estimated operating budget
for the helicopter fleet?
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