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Question 6) The following data lists the shipping cost for packages with respect to their weights and distance that they are being shipped. Suppose we
Question 6) The following data lists the shipping cost for packages with respect to their weights and distance that they are being shipped. Suppose we run two separate regression models Model 1) Cost of Shipment as a function of Package Weight Model 2) Cost of Shipment as a function of Distance Shipped Here are the excel outputs: SUMMARY OUTPUT SUMMAFY OUTPUT ANINL Use these two models to predict the shipping cost of a package what weighs 3kgs and will be shipped to a destination 200kms away. Which of these two results is statistically more reliable
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