(a) Develop the estimated regression equation to show how overall customer satisfaction is related to the independent variable average meal price. (Round your numerical values to two decimal places.) ŷ 69.28+0.56x (b) At the 0.05 level of significance, test whether the estimated regression equation developed in part (a) indicates a significant relationship between overall customer satisfaction and average meal price. (Use an F test.) State the null and alternative hypotheses. Ho: B₁ ≤0 H₂: B₁ > 0 Ho: B₁ 20 H₂: B₁ <0 Ho: P₁ = 0 Ha: B₁ > 0 x Ho: B₁ = 0 H₂: B₁ * 0 Find the value of the test statistic. (Round your answer to two decimal places.) 20.37
(a) Develop the estimated regression equation to show how overall customer satisfaction is related to the independent variable average meal price. (Round your numerical values to two decimal places.) ŷ 69.28+0.56x (b) At the 0.05 level of significance, test whether the estimated regression equation developed in part (a) indicates a significant relationship between overall customer satisfaction and average meal price. (Use an F test.) State the null and alternative hypotheses. Ho: B₁ ≤0 H₂: B₁ > 0 Ho: B₁ 20 H₂: B₁ <0 Ho: P₁ = 0 Ha: B₁ > 0 x Ho: B₁ = 0 H₂: B₁ * 0 Find the value of the test statistic. (Round your answer to two decimal places.) 20.37
MATLAB: An Introduction with Applications
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Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Please show me how to find the regression equation on excel for this data, when I try to do it it says '
Input
![(a) Develop the estimated regression equation to show how overall customer satisfaction is related to the independent variable average meal price. (Round your numerical values to two decimal
places.)
ŷ = 69.28 +0.56x
(b) At the 0.05 level of significance, test whether the estimated regression equation developed in part (a) indicates a significant relationship between overall customer satisfaction and average meal
price. (Use an F test.)
State the null and alternative hypotheses.
Ho: B₁ ≤ 0
Ha: B₁ > 0
Ho: B₁ 20
Ha: B₁ <0
Ho: P₁ = 0
Ha: B₁ > 0
= 0
Ho: P₁
Ha: B₁ * 0
Find the value of the test statistic. (Round your answer to two decimal places.)
20.37
X](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe2fdea76-24b5-4e92-ab93-0d275ab88ec3%2F66347bea-9ad0-4f0f-b018-4d6d17f9cb15%2F6r1kro9_processed.png&w=3840&q=75)
Transcribed Image Text:(a) Develop the estimated regression equation to show how overall customer satisfaction is related to the independent variable average meal price. (Round your numerical values to two decimal
places.)
ŷ = 69.28 +0.56x
(b) At the 0.05 level of significance, test whether the estimated regression equation developed in part (a) indicates a significant relationship between overall customer satisfaction and average meal
price. (Use an F test.)
State the null and alternative hypotheses.
Ho: B₁ ≤ 0
Ha: B₁ > 0
Ho: B₁ 20
Ha: B₁ <0
Ho: P₁ = 0
Ha: B₁ > 0
= 0
Ho: P₁
Ha: B₁ * 0
Find the value of the test statistic. (Round your answer to two decimal places.)
20.37
X
![с
Price ($)
16
24
26
5
Bravo! Cucina Italiana
18
6
Buca di Beppo
17
7 Bugaboo Creek Steak House
Seafood/S 18
8 Carrabba's Italian Grill
23
Italian
Seafood/S
9 Charlie Brown's Steakhouse
17
10
Italian
28
11 Joe's Crab Shack
Seafood/S 15
12 Johnny Carino's Italian
Italian
17
13 Lone Star Steakhouse & Saloon Seafood/S
17
Seafood/S 19
Italian
Seafood/S
Italian
Seafood/S
Seafood/S
Italian
Italian
Italian
A
1 Restaurant
2 Bertucci's
3 Black Angus Steakhouse
4 Bonefish Grill
Il Fornaio
14 LongHorn Steakhouse
15 Maggiano's Little Italy
16 McGrath's Fish House
17 Olive Garden
18 Outback Steakhouse
19 Red Lobster
20 Romano's Macaroni Grill
21 The Old Spaghetti Factory
22 Uno Chicago Grill
23
24
25
26
B
Type
Italian
Seafood/S
Seafood/S
Italian
Italian
P2EE88826
16
19
20
18
18
12
16
D
Score
77
79
85
84
81
77
86
75
83
71
81
76
81
83
81
81
80
78
82
79
76
E
F
G
H
I
J
K
L
M](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe2fdea76-24b5-4e92-ab93-0d275ab88ec3%2F66347bea-9ad0-4f0f-b018-4d6d17f9cb15%2Fr59xoks_processed.png&w=3840&q=75)
Transcribed Image Text:с
Price ($)
16
24
26
5
Bravo! Cucina Italiana
18
6
Buca di Beppo
17
7 Bugaboo Creek Steak House
Seafood/S 18
8 Carrabba's Italian Grill
23
Italian
Seafood/S
9 Charlie Brown's Steakhouse
17
10
Italian
28
11 Joe's Crab Shack
Seafood/S 15
12 Johnny Carino's Italian
Italian
17
13 Lone Star Steakhouse & Saloon Seafood/S
17
Seafood/S 19
Italian
Seafood/S
Italian
Seafood/S
Seafood/S
Italian
Italian
Italian
A
1 Restaurant
2 Bertucci's
3 Black Angus Steakhouse
4 Bonefish Grill
Il Fornaio
14 LongHorn Steakhouse
15 Maggiano's Little Italy
16 McGrath's Fish House
17 Olive Garden
18 Outback Steakhouse
19 Red Lobster
20 Romano's Macaroni Grill
21 The Old Spaghetti Factory
22 Uno Chicago Grill
23
24
25
26
B
Type
Italian
Seafood/S
Seafood/S
Italian
Italian
P2EE88826
16
19
20
18
18
12
16
D
Score
77
79
85
84
81
77
86
75
83
71
81
76
81
83
81
81
80
78
82
79
76
E
F
G
H
I
J
K
L
M
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