Question

Refer to Exercise 12.12. In the plot of the data, airport 20 had a much larger revenue than any of the other 21 airports.
a. Replot the three scatterplots with the data from airport 20 deleted. Does there appear to be any relationship among revenue and the two explanatory variables in this data set?
b. Fit a first- order regression model relating revenue to distance and population size. Comment on the quality of the fit of the model to the data. Is revenue related to distance from hub and population size once airport 20 is deleted from the data?
c. What conclusions can be inferred from parts (a) and (b) about the importance of plotting the data and not just running models through a software program?
In exercise


$1.99
Sales0
Views22
Comments0
  • CreatedNovember 21, 2015
  • Files Included
Post your question
5000
´╗┐