Question:

A frequent flyer was interested in the relationship between

Last updated: 5/18/2023

A frequent flyer was interested in the relationship between

A frequent flyer was interested in the relationship between dollars spent on flying and the distance flown She randomly sampled 20 frequent flyers of a certain airline She collected the number of miles flown in the previous year and the total amount of money the flyer spent A regression line of distance flown on money spent was fit to the data and the intercept and slope were calculated to be a 24 000 and b 10 One of the randomly sampled frequent flyers was found to have spent 2500 and to have flown 53 000 miles The residual for this observation is 4000 8000 16 000 12 000