Posted by: Pdfprep
Post Date: February 28, 2021
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
Leave a Reply