Consider the following single variate model (1) fare = Bo + Bidist + u Question 1 2 pts What is the best interpretation of B1 (no hat). O change in fare for a change in distance O change in fare for distance O change in distance for a change in fare O fare increases O expected fare when distance equals 0Question 2 2 pts What is B1 hat? Question 3 2 pts How much is the expected price increase if a flight were to increase by 100 miles