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Yo Yatra Co. makes packages for its customers and provide you the number of packages and costs associated with the packages booked all over the
| Yo Yatra Co. makes packages for its customers and provide you the number of packages | ||
| and costs associated with the packages booked all over the world. | ||
| Month | # of packages | Total Cost |
| booked | ||
| 1 | 300 | $ 10,000 |
| 2 | 220 | $ 8,000 |
| 3 | 250 | $ 8,400 |
| 4 | 260 | $ 8,800 |
| 5 | 350 | $ 12,000 |
| 6 | 400 | $ 12,400 |
| 7 | 350 | $ 12,100 |
| 8 | 400 | $ 12,500 |
| 9 | 500 | $ 14,000 |
| 10 | 280 | $ 7,500 |
| 11 | 120 | $ 5,500 |
| 12 | 100 | $ 4,200 |
| Solve by Least-squares Regression Method and find out Variable cost per package, | ||
| the Fixed costs per month, and semi-variable costs per month associated with it. | ||
| DO NOT SOLVE BY HIGH-LOW METHOD AND REGRESSION COEFFICIENT FORMULA | ||
| THIS IS AN ACCOUNTING QUES, SO DO NOT POST IN STATISTICS | ||
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