A local trucking company fitted a regression to relate the cost of its shipments as a function of the distance traveled.The Excel fitted regression is shown. Based on this estimated relationship,when distance increases by 50 miles,the expected shipping cost would increase by:
A) $286.
B) $143.
C) $104.
D) $301.

Question

A local trucking company fitted a regression to relate the cost of its shipments as a function of the distance traveled.The Excel fitted regression is shown.  Based on this estimated relationship,when distance increases by 50 miles,the expected shipping cost would increase by:
A) $286. 
B) $143. 
C) $104. 
D) $301.

Quizplus · Accepted Answer

The Answer of A local trucking company fitted a regression to relate the cost of its shipments as a function of the distance traveled.The Excel fitted regression is shown.  Based on this estimated relationship,when distance increases by 50 miles,the expected shipping cost would increase by:
A) $286. 
B) $143. 
C) $104. 
D) $301.

A Local Trucking Company Fitted a Regression to Relate the Cost