Radig Travel offers helicopter service from suburban towns to John F Kennedy International Airport in New York City. Each of its eight helicopters makes between 800 and 1600 round-trips per year The records indicate that a helicopter that has made 800 round-trips in the year incurs an average operating cost of $300 per round-trip, and one that has made 1.600 round-trips in the year incurs an average operating cost of 5650 per round-trip Read the requirements Requirement 1. Using the high-low method estimate the linear relationship yox where y is the total annual operating cost of a helicopter and X is the number of round-trips It makes to JFK aliport during the year 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 Radig Travel expects each helicopter to make, on average, 1,100 round-trips in the coming year, what should be its estimated operating budget for the helicopter fleet