Question: Month # Machine Hours (X) Maintenance Costs (Y) Jan 3000 $490 Feb 4500 $680 Mar 8100 $520 Apr 7000 $580 May 6100 $560 Jun 8100

Month # Machine Hours (X) Maintenance Costs (Y)
Jan 3000 $490
Feb 4500 $680
Mar 8100 $520
Apr 7000 $580
May 6100 $560
Jun 8100 $1000
Jul 3700 $830
Aug 5400 $580

What is the equation of the line using the high-low method and this data?

$1000 = 190 + (0.10X)

Y = $190 + (0.10 x 8100)

Y = 190 + ($0.10X)

X = 190 + ($190Y)

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