A) Is the model valid? How do you know?B) interpret the slope.C) what is the standard error of the estimate?

Data was gathered to see if the distance (in miles) of an airplane flight could be used to predict the price of a ticket (in dollars). The following regression output was obtained. Regression Statistics Multiple R 0.5889 R Square 0.3468 Adjusted R Square 0.3184 Standard Error 48.7124 Observations 25 ANOVA of SS MS F Significance F Regression 1 28976.2925 28976.29254 12.2113 0.001954213 Residual 23 54576.7475 2372.902064 Total 24 83553.04 Coefficients Standard Error t Stat P-value Lower 95% Intercept 153.0677 18.0775 8.4673 1.59751E-08 115.6715897 Distance 0.0457 0.0131 3.4945 0.0020 0.0186