The operating costs per trip of bus services and their mean fares, both in dollars, are shown

Question:

The operating costs per trip of bus services and their mean fares, both in dollars, are shown in Table 14 for some randomly selected fixed-route bus services.
The operating costs per trip of bus services and their

Let C be the operating cost per trip and F be the mean fare, both in dollars, for a fixed-route bus service.
a. For the association between C and F, identify the explanatory and response variables.
b. Construct a scatterplot by hand that describes the association between C and F.
c. Is the association positive, negative, or neither? What does that mean in this situation? Why does this make sense?
d. Graph the model F = 0.18C + 0.11 by hand on the scatter- plot. Does the model come close to the data points?
e. Use the model to predict the mean fare of a fixed-route bus service with operating cost $4.25.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: