Question: Refer to the data in Exercise 2.4. Using the form y 5 mx 1 b, estimate the cost formula for each cost incurred by Baylor

Refer to the data in Exercise 2.4.

Using the form y 5 mx 1 b, estimate the cost formula for each cost incurred by Baylor BalloonBouquets.

Bouquets Sold 5,000 Balloons (10 per bouquet Insurance Delivery Employee compensation Advertising 7,500 $15,000 S 5,000 S 8,000 $13,000 1,500 10,000 $20,000 S 5,000 $10,500 $16,000 1,500 $10,000 $ 5,000 5,500 $10,000 S 1,500

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