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Roche Travel offers helicopter service from suburban towns to John F Kennedy International Airport in New York City Each of its on helicopters makes between

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Roche Travel offers helicopter service from suburban towns to John F Kennedy International Airport in New York City Each of its on helicopters makes between 500 and 1,000 round-trips per year. The records indicate that a helicopter that has made 500 round-trips in the year incur an average operating cost of 5035 per found and one that has made 1000 round-trips in the year incurs an average operating cost of $300 per round trio Read the requirements Requirement 1. Using the high low method estimate the linear relationship y=x+bx where y is the total annual Operating cost of a ne copter and the number of round trips it makes to JFK airport during the year $105 $$300 $$435 $135.000 582,500 $267,000 X 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 Roche Travel expects each helicopter to make, on average, 800 round-trips in the coming year, what should be its estimated operating budget for the helicopter fleet

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