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Use the Following Regression Equation Regarding Airline Tickets for Following

Question 14

Essay

Use the following regression equation regarding airline tickets for following questions . Use the following regression equation regarding airline tickets for following questions .   Note that Distance is the amount of miles between the departure and arrival cities, and Price is the cost of an airline ticket. -Interpret the intercept of the regression equation in the context of the data. Explain why the value is or is not meaningful. Note that Distance is the amount of miles between the departure and arrival cities, and Price is the
cost of an airline ticket.
-Interpret the intercept of the regression equation in the context of the data. Explain why the value is or is not meaningful.

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The intercept is 49. If you are travelin...

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