The U.S. Department of Transportation Office of Aviation Analysis provides the weekly average number of passengers per flight and the average one-way fare in dollars for common commercial routes. Randomly selected flights are listed below with the reported data. Is there evidence of a relationship between these two variables?
Do a complete regression analysis by performing the following steps.
a. Draw the scatter plot.
b. Compute the value of the correlation coefficient.
c. Test the significance of the correlation coefficient at α = 0.01, using Table I.
d. Determine the regression line equation.
e. Plot the regression line on the scatter plot.
f. Predict y’ for a specific value of x.

  • CreatedSeptember 02, 2015
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