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The number of blood tests performed and the related costs over the last nine months in Brentline Hospital are given below: Month Blood Tests Performed

The number of blood tests performed and the related costs over the last nine months in Brentline Hospital are given below:

Month Blood Tests Performed Blood Test Costs
January 3,125 $ 14,000
February 3,500 $ 14,500
March 2,500 $ 11,500
April 2,125 $ 10,000
May 2,250 $ 11,000
June 1,500 $ 8,500
July 1,550 $ 8,400
August 2,750 $ 12,000
September 2,875 $ 13,000

Required:

1. Using the highlow method, estimate the cost formula for blood tests.

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