Question: 255.83 Dependent variable is: No Selector R squared == 48.2% dist R squared (adjusted) = 45.0% s = 369.3 with 18-2 = 16 degrees

255.83 Dependent variable is: No Selector R squared == 48.2% dist R

255.83 Dependent variable is: No Selector R squared == 48.2% dist R squared (adjusted) = 45.0% s = 369.3 with 18-2 = 16 degrees of freedom 2000 1500 d 1000 i S 500 Source Sum of Squares df Mean Square F-ratio t Regression 2030495 1 2030495 14.9 Residual 2182031 16 136377 Variable Coefficient s.e. of Coeff t-ratio prob Constant -644.287 397.9 -1.62 0.1249 fare 6.13101 1.589 3.86 0.0014 6. Write the equation of the model to estimate how far you Residuals 600 300 -300 could fly for a given price. 150 225 300 fare 400 800 1200 predicted(d/f) 7. How far does this model suggest you could fly for the fare you estimated in #5?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!