The accompanying table shows
the? round-trip fare for flights from one city to 10 other cities
on major airlines. These were the lowest prices found online in
early 2010. The airlines? varied, but the travel dates were all the
same. How much would it? cost, on? average, to fly 500? miles? To
answer this? question, perform a complete regression? analysis,
including a scatterplot with a regression line.
Homework Answers
predicted cost =164.88+0.08*miles
for every additional mile.........goes up by 0.08 dollars..................wuld cost about 164.88
dollars . However............so this cost does not make sense in ........
for x=500 ; predicted cost =164.88+0.08*500=204.88
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