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Use the regression equation to predict the number of passengers when the average ticket price is $130.00. Is this prediction likely to be accurate? Explain
Use the regression equation to predict the number of passengers when the average ticket price is $130.00.
Is this prediction likely to be accurate? Explain briefly.
[4 marks] Relationship between ticket price and the number of passengers 1200 1000 y = -11.831x + 2070.6 .................................... R2 = 0.8817 800 Number of passengers ('000) 600 400 200 0 90 100 110 120 130 140 Average ticket price ($)
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