Question

A frequent flyer was interested in the relationship between dollars spent on flying and the distance flown. She sampled 20 frequent flyers of a certain airline. She collected the number of miles flown in the previous year and the total amount of money the flyer spent. A regression line of distance flown on money spent was fit to the data, and the intercept and slope were calculated to be a = 24,000 and b = 10.
A person who spent $ 2000 is predicted to have flown:

a) 34000 miles. b) 54000 miles. c) 44000 miles. d) 24000 miles.

Answer 1

Answer:

c) 44000 miles

Step-by-step explanation:

The regression line has the following format:

$y = bx + a$

In which b is the slope(how much each mile costs) and a is the fixed number of miles flown.

In this problem, we have that:

$a = 24000, b = 10$. So

$y = 10x + 24000$

A person who spent $ 2000 is predicted to have flown:

This is y when x = 2000.

$y = 10(2000) + 24000$

$y = 44000$

So the correct answer is:

c) 44000 miles