1. Find the best predicted tip for a ride that is 3.10 miles. How does the result compare to the actual tip of $4.55?
2. Find the best predicted fare amount for a distance of 3.10 miles. How does the result compare to the actual fare of $15.30?

Distance: 0.68, 2.47, 8.51, 12.71, 1.65, 1.02, 1.32, 0.49

Time: 6.00, 18.00, 31.00, 27.00, 11.00, 8.00, 8.00, 2.00

Fare: 6.30, 14.30, 31.75, 36.80, 9.80, 7.80, 7.80, 4.80

Tip: 1.89, 4.29, 2.98, 0.00, 1.96, 2.34, 0.00, 0.00

Answer rating: 100% (QA)

To find the best predicted tip and fare for a ride and to compare these predictions with the actual values we need to use regression analysis Heres th... View the full answer