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Please show full solution. Thank you Use the time/tip date from the table below, which includes data from New York City taxi rides. (The distances

Please show full solution. Thank you

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Use the time/tip date from the table below, which includes data from New York City taxi rides. (The distances are In miles. the times are in minutes. the fares are in dollars. and the tips are in dollars.) Find the regression equation. letting time be the predictor (x) variable. Find the best predicted tip for a ride that takes 26 minutes. How does the result compare to the actual tip amount of $5.46? Distance 2.47 1.80 1.40 1.02 1.65 12.71 0.49 0.68 E: Time 18.00 25.00 18.00 8.00 11.00 27.00 2.00 6.00 Fare 14.30 16.30 12.30 7.80 9.80 36.80 4.80 6.30 Tip 4.29 1.50 2.46 2.34 1.96 0.00 0.00 1.89 The regression equation is 9= [:I + (D) x. (Round the y-lntercept to two decimal places as needed. Round the slope to tour decimal places as needed.)

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