Jensen Tire & Auto is in the process of deciding whether to purchase a maintenance contract for its new computerized wheel alignment and balancing machine. Managers feel that maintenance expense is related to usage of the machine, and they have collected the following information on weekly usage of the machine (in hours) and annual maintenance expense (in hundreds of dollars) from 10 other companies that own the machine. Company Weekly Usage(hours) Annual maintenance Expense(hundreds of dollars) A 13
Jensen Tire & Auto is in the process of deciding whether to purchase a maintenance contract for its new computerized wheel alignment and balancing machine. Managers feel that maintenance expense is related to usage of the machine, and they have collected the following information on weekly usage of the machine (in hours) and annual maintenance expense (in hundreds of dollars) from 10 other companies that own the machine.
Company Weekly Usage(hours) Annual maintenance Expense(hundreds of dollars)
A 13 17.0
B 10 22.0
C 20 30.0
D 28 37.0
E 32 47.0
F 17 30.5
G 24 32.5
H 31 39
I 40 51.5
J 38 40.0
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What is the expected expense of the machine being used 34 hours per week?