Question
The dataset shows US Gross Domestic Product (in billions of dollars) and Domestic Revenue Passenger Miles (in billions) for the years 2005 through 2018.Below this
The dataset shows US Gross Domestic Product (in billions of dollars) and Domestic Revenue Passenger Miles (in billions) for the years 2005 through 2018.Below this table is the MS Excel Summary Output regressing RPMs against RGDP.Next, interpret the regression output and explain the regression statistics.Be certain that the regression coefficients match those in the scatter plot equation.Finally, use the regression equation to predict RPMs for 2020 and 2021 assuming GDP falls by 5% in 2020 and then grows by 4% in 2021 each year from 2015. Instructions for building the scatter plot are at the end of the problem set
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