SOLUTION: 7 tourists were asked about the airfare expenses and their total budgeted amount in their last travel/holiday. Air fare (in �000s of Rupees) 15 28 10 9 11 16 12 Total Budg

Question 1132072: 7 tourists were asked about the airfare expenses and their total budgeted amount in their last travel/holiday.
Air fare (in �000s of Rupees)
15
28
10
9
11
16
12
Total Budget (in �000s of rupees)
120
145
130
102
180
95
100
What is the expected budget for an individual of this group if the airfare to a certain city of her choice is Rs.8.9K?
Answer by Boreal(15235) (Show Source): You can put this solution on YOUR website!
regressing y on x, using x as air fare give
y=0.774x+113.41
(this has a very low R^2 of 0.02, meaning almost no correlation at all.
using 8.9 for x, y, the budget, is 120.30K rupees

RELATED QUESTIONS
Eight (8) tourists were asked about the airfare expenses and their total budgeted amount (answered by math_tutor2020)

9. Eight (8) tourists were asked about the airfare expenses and their total budgeted... (answered by ikleyn)

A group of 30 tourists paid a total of $686 in bus fares. If the adult fare was $28 and... (answered by pakhi)

A customer has been told that with their half-off airfare coupon, the... (answered by yazimyne,MathTherapy)

In the week before and the week after a holiday, there were 10,000 total... (answered by Boreal)

Craig and Susan Miller had just returned from their honeymoon trip in the Whitsundays.... (answered by Fombitz)

raig and Susan Miller had just returned from their honeymoon trip in the Whitsundays.... (answered by Alan3354)