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 500 miles and its residual was 115.00.

Question

Revolt · Accepted Answer

542.50

Residuals

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 500 miles and its residual was 115.00.

Explanation

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