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Lifestyle
Travel and Vacation
4-17) travel cost (Y) to the number of days on the road(x1) and the distance
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<blockquote data-quote="lilbit" data-source="post: 2378571" data-attributes="member: 355526"><p>traveled(x2) in miles? y=90.00+48.50x1+0.40x2</p><p></p><p>a. if thomas williams returns from a 300-mile trip that took him out of town for five days, what is the expected amount that he should claim as expenses?</p><p>b. williams submitted a reimbursement request for $685; what should the account do?</p><p>c. comment on the validity of this model. should any other variables be included? which ones? why?</p></blockquote><p></p>
[QUOTE="lilbit, post: 2378571, member: 355526"] traveled(x2) in miles? y=90.00+48.50x1+0.40x2 a. if thomas williams returns from a 300-mile trip that took him out of town for five days, what is the expected amount that he should claim as expenses? b. williams submitted a reimbursement request for $685; what should the account do? c. comment on the validity of this model. should any other variables be included? which ones? why? [/QUOTE]
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