**High-Low Cost Estimation**

Assume the local YRC Worldwilde delivery service hub has the
following information available about fleet miles and operating
costs:

Year | Miles | Operating Costs |
---|---|---|

2017 | 556,000 | $175,600 |

2018 | 684,000 | 214,000 |

Use the high-low method to develop a cost-estimating equation for
total annual operating costs. (Let X = annual fleet miles.)

Total annual costs = Answer + Answer * X

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