Problem

Preparing a ScattergraphTaylor’s Tan-O-Rama is a local tanning salon. The following inform...

Preparing a Scattergraph

Taylor’s Tan-O-Rama is a local tanning salon. The following information reflects its number of appointments and total costs for the first half of the year:

Month

Number of Appointments

Total Cost

January

500

$5,400

February

600

5,900

March

1,000

6,700

April

450

5,675

May

300

5,328

June

350

5,325

Prepare a scattergraph by plotting Taylor’s Tan-O-Rama’s data on a graph. Then draw a line that you believe best fits the data points. Using the graph and line you have drawn, estimate the firm’s total fixed cost per month.

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