Score: 0 of 10 pts 1 of 1 (0 complete) HW Score: 0%, 0 of 10 pts E10-30 (similar to) Question Help Ken Howard, financial analyst at QTY Corporation, is examining the behavior of quarterly maintenance costs for budgeting purposes. Howard collects the following data on machine-hours worked and maintenance costs for the past 12 quarters (Click the icon to view the data.) 1. Estimate the cost function for the quarterly data using the high-low method. 2. Plot and comment on the estimated cost function 3. Howard anticipates that QTY will operate machines for 80,000 hours in quarter 13. Calculate the predicted costs in quarter 13 using the cost function estimated in requirement 1 Requirement 1. Estimate the cost function for the quarterly data using the high-low method. (Complete all answer boxes.) Data Table Quarter Machine-Hours Maintenance Costs 185,000 220,000 200,000 240,000 170,000 215,000 195,000 80,000 $ 100,000 90,000 110.000 75,000 85,000 105,000 85,000 105,000 95,000 125,000 190,000 10 180,000 12 260,000