Roy Travel offers helicopter service from suburban towns to John F. Kennedy International Airport in New York City. Each of its 6 helicopters makes between 1 comma 000 and 2 comma 000 round-trips per year. The records indicate that a helicopter that has made 1 comma 000 round-trips in the year incurs an average operating cost of $350 per round-trip, and one that has made 2 comma 000 round-trips in the year incurs an average operating cost of $300 per round-trip.

Requirements

1.	Using the high-low method, estimate the linear relationship y equals a plus bXy=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 RoyRoy Travel expects each helicopter to make, on average, 1 comma 2001,200 round-trips in the coming year, what should its estimated operating budget for the helicopter fleet be?

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. + Requirement 2. Give examples of costs that would be included in a and in b. Begin by selecting which type of costs "a" and "6" represent, then select the costs that correlate with that cost type, use each cost only once. "a" = "b" = Requirement 3. If Roy Travel expects each helicopter to make, on average, 1,200 round-trips in the coming year, what should its estimated operating budget for the helicopter fleet be? Roy Travel's estimated operating budget for all 6 helicopters in the fleet combined should be $ Choose from any list or enter any number in the input fields and then continue to the next