Calc 3: Total cost y of printing x copies of a booklet is

Smily

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May 27, 2006
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The total cost y of printing x copies of a booklet is known for 4 lot sizes as follows:

Code:
,--------------,------,------,------,------,
| x (booklets) |  700 | 2700 | 3700 | 4400 |
|--------------|------|------|------|------|
| y (dollars)  | 2700 | 4100 | 5000 | 5800 |
'--------------'------'------'------'------'

Express the total cost as a sum of fixed cost and an additional cost per booklet printed. (use the method of Least Squares)

Can you help me with this problem, please? :oops:
 
Here's a graph of your data along with the line equation using linear regression

booksmediumqq3.jpg
 
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