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You are required to calculate the variable cost per service and Fixed costs per month for a car washing centre situated in California by using

You are required to calculate the variable cost per service and Fixed costs per month
for a car washing centre situated in California by using Least-Squares Regression. Data is given below
Month # of cars Total
washed Cost
1 2,500 $ 11,800
2 2,500 $ 13,500
3 2,800 $ 12,600
4 3,100 $ 15,500
5 3,700 $ 17,000
6 5,200 $ 24,900
7 5,600 $ 23,000
8 5,700 $ 24,200
9 4,800 $ 23,600
10 4,900 $ 23,500
11 2,300 $ 11,500
12 3,100 $ 17,000
REMEMBER NOT TO SOLVE BY HIGH-LOW METHOD

ALL INFO IS ATTACHED WITH COSTS

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