# High-Low; Analysis of Regression Results Regression analysis is commonly used to estimate costs….

High-Low; Analysis of Regression Results Regression analysis is commonly used to estimate costs. However, the usefulness of the results depends upon the quality of the data. Fletcher Inc. is a local delivery company. The employees handle deliveries for a variety of companies that have developed apps that allow customers to place orders for food, beverages, packages, etc. The controller of Fletcher would like to come up with an estimate of the cost behavior for the delivery costs. Fifteen months of data were collected, and the data appear below. Using the high-low method, the controller did a quick calculation and estimated the variable and fixed portions of the delivery costs. A new employee in the accounting department, however, suggested that regression would give a much better estimate of the costs. Required 1. Using the given data, determine the estimated cost equation for delivery costs using the high-low method. 2. Using the data available, determine the estimated cost equation for the delivery costs using regression. 3. Graph the data to determine if any adjustments should be made to the regression analysis done in requirement 2. 4. Recompute the estimated cost equation for the delivery costs after making any adjustments to the data as a result of your analysis in requirement 3. What can you conclude about the various cost equations?

## Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
\$26
The price is based on these factors:
Number of pages
Urgency
Basic features
• Free title page and bibliography
• Unlimited revisions
• Plagiarism-free guarantee
• Money-back guarantee
On-demand options
• Writer’s samples
• Part-by-part delivery
• Overnight delivery
• Copies of used sources
Paper format
• 275 words per page
• 12 pt Arial/Times New Roman
• Double line spacing
• Any citation style (APA, MLA, Chicago/Turabian, Harvard)

# Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

### Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

### Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

### Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.