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Speedy Inc is a shipping service and has observed the following delivery costs over the past few months: Month Mileage in km Delivery costs 1

Speedy Inc is a shipping service and has observed the following delivery costs over the past few months:

Month Mileage in km Delivery costs
1 7250 $ 26,143


2 8160 $ 27,626


3 4250 $21253


4 3260 $19,639


5 7530 $26599


6 2540 $ 18,465


7 12760 $ 35,124


8 15670 $ 39,867


9 38520 $ 77,113


10 98520 $174,913


Leverage Excel to prepare a Scatter graph, in good form, and analyze whether the mileage is a key driver of the costs? What is the suggested Excel cost formula for this cost?

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There are 3 Steps involved in it

Step: 1

To begin we will need to gather the necessary data for the Scatter graph Based on the information provided the mileage values are 7250 km 8160 km 4250 ... blur-text-image

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