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It is realized that the Price ( $ ) of commuting in a country depends on the age of the passenger, duration, and distance. Age

It is realized that the Price ($) of commuting in a country depends on the age of the passenger, duration, and distance.
Age of the passenger
Duration (in minutes)
Distance (in miles)
Price (in $)
61
16
3.2
22.3
24
4
1.5
12.5
47
29
5
29
32
33
5.8
36.2
23
14
2.3
19.1
82
30
6.1
36.5
57
56
12
66.9
36
11
1.9
17.3
42
2
0.8
8
47
14
1.7
18
29
15
2.8
24.3
27
15
2.5
22.1
19
45
4.2
44.3
45
19
3.6
23
39
49
10.2
61.1
33
31
6
35
39
28
27
41
Based on the data, please answer the following questions:
State dependent (output) and independent variables (input) in the dataset provided (0.5 marks)
Conduct a univariate analysis for Price vs Age of the passenger. State univariate regression function, calculate error % and calculate model accuracy. Predict the price for age=32. Please insert snapshots of your graphs and analysis (1.5 marks)
Conduct a univariate analysis for Price vs Duration. State univariate regression function, calculate error % and calculate model accuracy. Predict the price for duration=22. Please insert snapshots of your graphs and analysis (1.5 marks)
Conduct a univariate analysis for Price vs Distance. Stated univariate regression function, calculate error % and calculate model accuracy. Predict the price for distance=3.9. Please insert snapshots of your graphs and analysis (1.5 marks)
Conduct a multivariate regression analysis: (5 marks)
Take a snapshot of the summary output of regression
What is the regression function? Please insert snapshots of your graphs and analysis
Conduct model evaluation (how accurate is your model?) Please insert snapshots of your analysis
Calculate the predicted value for the following inputs (Age =33, distance =16 and duration =5)
Due on Feb 18,202411:59 PM
Available on Feb 8,20248:00 AM. Access restricted before availability starts.
Available until Feb 18,202411:59 PM. Access restricted after availability ends.
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