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linear regression for the cost of a round-trip ticket given the distance traveled, use your regression to estimate the cost of a 1500-mi flight, and state the correlation coefficient, r, and describe the trend, shape, and strength for the data contained in this problem.

linear regression for the cost of a round-trip ticket given the distance traveled, use your regression to estimate the cost of a 1500-mi flight, and state the correlation coefficient, r, and describe the trend, shape, and strength for the data contained in this problem.

MATLAB: An Introduction with Applications
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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7. The table below shows the round-trip fare for flights from one city on major airlines. These were the lowest prices found online in early 2010. The airlines varied, but the travel dates were all the same. Determine the linear regression for the cost of a round-trip ticket given the distance traveled, use your regression to estimate the cost of a 1500-mi flight, and state the correlation coefficient, r, and describe the trend, shape, and strength for the data contained in this problem. Distance (mi.) Cost ($) 205 183 968 180 3097 598 1939 277 1976 313 1033 2977 318 448 1752 408 1143 335
Transcribed Image Text:7. The table below shows the round-trip fare for flights from one city on major airlines. These were the lowest prices found online in early 2010. The airlines varied, but the travel dates were all the same. Determine the linear regression for the cost of a round-trip ticket given the distance traveled, use your regression to estimate the cost of a 1500-mi flight, and state the correlation coefficient, r, and describe the trend, shape, and strength for the data contained in this problem. Distance (mi.) Cost ($) 205 183 968 180 3097 598 1939 277 1976 313 1033 2977 318 448 1752 408 1143 335
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