Based on data taken from airline fares and distances flown, it is determined that the equation of the least-squares regression line is ŷ = 102.50 + 0.65x, where ŷ is the predicted fare and x is the distance, in miles. One of the flights was 350 miles and its residual was –105.00. What was the fare for this flight?
Based on data taken from airline fares and distances flown, it is determined that the equation of the least-squares regression line is ŷ = 102.50 + 0.65x, where ŷ is the predicted fare and x is the distance, in miles. One of the flights was 350 miles and its residual was –105.00. What was the fare for this flight?
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
Problem 4GP
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Based on data taken from airline fares and distances flown, it is determined that the equation of the least-squares regression line is ŷ = 102.50 + 0.65x, where ŷ is the predicted fare and x is the distance, in miles.
One of the flights was 350 miles and its residual was –105.00. What was the fare for this flight?
$102.50
$435.00
$225.00
$330.00
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