Demo of one’s Scatter Chart Method to Estimate Coming Will cost you within Differing Hobby Membership

While the spread graph is actually constructed, we mark a line (also called a pattern range) that looks to help you top complement the brand new pattern out of dots

1. Dictate complete fixed will set you back: ?700 + ?2,five hundred = ?step 3,two hundred
2. Determine bu adamlara bak varying costs per night of occupancy: ? + ? + ? = ?one hundred
3. Complete the cost formula: Y = ?3,2 hundred + ?100x

With this particular formula, new Beach Inn can assume the full can cost you (Y) to your week off July, once they enjoy an occupancy off 93 night. Continue Reading