Question: Hello! Can you please help me solve the problem below? Thanks! High-Low Cost Estimation Assume the local DHL delivery service hub has the following information

Hello! Can you please help me solve the problem below? Thanks!

High-Low Cost Estimation Assume the local DHL delivery service hub has the following information available about fleet miles and operating costs: Year Miles Operating Costs 2006 554,000 $177,000 2007 674,000 207,000 Use the high-low method to develop a cost-estimating equation for total annual operating costs. (Let X = annual fleet miles.) Totalannualcosts= 0 + 0 *X
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