CORRECT TEXT


CORRECT TEXT

The following data are available for a delivery company. The table shows the number of tonnes delivered (x) and the associated distribution cist (y) in recent periods.

Further analysis of this data has determined the following:

xy = 36,427×2 = 1,144

Using least squares regression analysis, calculate the variable cost per tonne delivered.

Give your answer to the nearest cent.

Answer: -128.10

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