Speedy Couriers documented the miles driven and total vehicle costs for the past five months as follows:
$$\begin{array} { l c c }
& \text { Number of miles } & \text { Total vehicle costs } \
\hline \text { January } & 800 & \$ 1095 \
\text { February } & 1000 & 1440 \
\text { March } & 750 & 1200 \
\text { April } & 900 & 1380 \
\text { May } & 1100 & 1410
\end{array}$$
-Using the high/low method,what is the cost equation to predict total vehicle costs?
A) Y = $52.50 + $1.67x
B) Y = $255 + $1.05x
C) Y = $285 + $1.725x
D) Y = $750 + $.60x

Question

Speedy Couriers documented the miles driven and total vehicle costs for the past five months as follows:
$$\begin{array} { l c c } 
& \text { Number of miles } & \text { Total vehicle costs } \
\hline \text { January } & 800 & \$ 1095 \
\text { February } & 1000 & 1440 \
\text { March } & 750 & 1200 \
\text { April } & 900 & 1380 \
\text { May } & 1100 & 1410
\end{array}$$
-Using the high/low method,what is the cost equation to predict total vehicle costs?
A) Y = $52.50 + $1.67x
B) Y = $255 + $1.05x
C) Y = $285 + $1.725x
D) Y = $750 + $.60x

Quizplus · Accepted Answer

The Answer of Speedy Couriers documented the miles driven and total vehicle costs for the past five months as follows:
$$\begin{array} { l c c } 
& \text { Number of miles } & \text { Total vehicle costs } \
\hline \text { January } & 800 & \$ 1095 \
\text { February } & 1000 & 1440 \
\text { March } & 750 & 1200 \
\text { April } & 900 & 1380 \
\text { May } & 1100 & 1410
\end{array}$$
-Using the high/low method,what is the cost equation to predict total vehicle costs?
A) Y = $52.50 + $1.67x
B) Y = $255 + $1.05x
C) Y = $285 + $1.725x
D) Y = $750 + $.60x

Speedy Couriers Documented the Miles Driven and Total Vehicle Costs