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A Local Trucking Company Fitted a Regression to Relate the Cost

question 77

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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. 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. Based on this estimated relationship, when distance increases by 50 miles, the expected shipping cost would increase by:


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