12. The table below shows the distance travelled in an airplane flight as it relates to the ticket cost for that flight. Miles Ticket Cost ($) 375 56.1 1125 131 1525 164 1750 226 2150 231 2400 263 a) Based on this data, is there a correlation between the distance of the flight and the ticket cost? If so, describe the shape and strength of this correlation. b) Find the regression equation for this data. c) Put the regression equation into the context of the problem. What do you know about this relationship based on the equation? e) What would you estimate the ticket price for a 750-mile flight? d) What do the r and r² values tell you about this equation. (Make sure to give the values for these as well as the descriptions.)
12. The table below shows the distance travelled in an airplane flight as it relates to the ticket cost for that flight. Miles Ticket Cost ($) 375 56.1 1125 131 1525 164 1750 226 2150 231 2400 263 a) Based on this data, is there a correlation between the distance of the flight and the ticket cost? If so, describe the shape and strength of this correlation. b) Find the regression equation for this data. c) Put the regression equation into the context of the problem. What do you know about this relationship based on the equation? e) What would you estimate the ticket price for a 750-mile flight? d) What do the r and r² values tell you about this equation. (Make sure to give the values for these as well as the descriptions.)
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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