Step 3: Linear Modeling (6 pts) Assuming that the trend is linear, generate a linear model. To make the calculation easi
Posted: Thu May 12, 2022 6:58 am
Step 3: Linear Modeling (6 pts) Assuming that the trend is linear, generate a linear model. To make the calculation easier, rescale the time values for 2009 through 2015 in the above table. Let 2009 be the year o Timet Price, P (in dollars) 0 Using any two data points from the rescaled table, develop a possible linear model of the above data, Use the developed linear model to predict the price in 2022. Is your predicted value a reasonable one to what the fare is currently?