Use the time/tip data from the table below, which includes data from New York City taxi rides. (The distances are in miles, the times are in minutes, the fares are in dollars, and the tips are in dollars.) Find the regression equation, letting time be the predictor (x) variable. Find the best predicted tip for a ride that takes 30 minutes. How does the resu compare to the actual tip amount of $4.70? Distance 0.49 0.68 1.65 8.51 Time 2.00 6.00 11.00 31.00 Fare 4.80 6.30 9.80 31.75 Tip 0.00 1.89 1.96 2.47 1.32 1.02 1.80 4 25.00 18.00 8.00 8.00 7.80 7.80 14.30 16.30 2.98 4.29 0.00 2.34 1.50 The regression equation is ŷ = + (x. (Round the y-intercept to two decimal places as needed. Round the slope to four decimal places as needed.)
Use the time/tip data from the table below, which includes data from New York City taxi rides. (The distances are in miles, the times are in minutes, the fares are in dollars, and the tips are in dollars.) Find the regression equation, letting time be the predictor (x) variable. Find the best predicted tip for a ride that takes 30 minutes. How does the resu compare to the actual tip amount of $4.70? Distance 0.49 0.68 1.65 8.51 Time 2.00 6.00 11.00 31.00 Fare 4.80 6.30 9.80 31.75 Tip 0.00 1.89 1.96 2.47 1.32 1.02 1.80 4 25.00 18.00 8.00 8.00 7.80 7.80 14.30 16.30 2.98 4.29 0.00 2.34 1.50 The regression equation is ŷ = + (x. (Round the y-intercept to two decimal places as needed. Round the slope to four decimal places as needed.)
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 6PPS
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