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1 year ago

Use the following regression equation regarding airline tickets to answer the question.

Mathematics

1 answer:

sertanlavr [38]1 year ago

6 0

The interpretation of the slope is the price of an airline ticker per kilometer is 0.137

<h3>How to interpret the slope?</h3>

The regression equation is given as:

Price = 49 + 0.137 · (Distance)

A regression equation is represented as

y = b + mx

Where m represents the slope

By comparison, we have

m = 0.137

Slopes are used to represent average rates

This means that the interpretation of the slope is the price of an airline ticker per kilometer is 0.137

Read more about regression equation at:

brainly.com/question/14184702

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