A magazine collected the ratings for food, decor, service and the cost per person for a sample of 96 restaurants. They combined the ratings to create a summated rating and used that to predict the cost of a restaurant meal. The data are modeled by Y₁ = -25.468+0.9712X₁. where X, is the summated ratings and Ŷ; is meal cost. For these data, Syx=9.372, X=61.78, and h₁ = 0.039170 when X= 50. Complete parts (a) through (c). a. Construct a 95% confidence interval estimate of the mean cost of a meal for restaurants that have a summated rating of 50. Hvixx (Type integers or decimals. Round to three decimal places as needed. Use ascending order.)

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A. Construct a 95% confidence interval estimate of the mean cost of a meal for restaurants that have summated rating of 50

B. Consttruct a 95% prediction interval of the cost pf a meal for an individual restaurant that has a summated rating of 50

A magazine collected the ratings for food, decor, service and the cost per person for a sample of 96 restaurants. They combined the ratings to create a summated rating and used that to predict the cost of a restaurant meal. The data are modeled by Y₁ = -25.468 +0.9712X₁,
where X; is the summated ratings and Ỹ; is meal cost. For these data, Syx = 9.372, X=61.78, and h; = 0.039170 when X = 50. Complete parts (a) through (c).
a. Construct a 95% confidence interval estimate of the mean cost of a meal for restaurants that have a summated rating of 50.
SHYX=x; $
(Type integers or decimals. Round to three decimal places as needed. Use ascending order.)
C
Transcribed Image Text:A magazine collected the ratings for food, decor, service and the cost per person for a sample of 96 restaurants. They combined the ratings to create a summated rating and used that to predict the cost of a restaurant meal. The data are modeled by Y₁ = -25.468 +0.9712X₁, where X; is the summated ratings and Ỹ; is meal cost. For these data, Syx = 9.372, X=61.78, and h; = 0.039170 when X = 50. Complete parts (a) through (c). a. Construct a 95% confidence interval estimate of the mean cost of a meal for restaurants that have a summated rating of 50. SHYX=x; $ (Type integers or decimals. Round to three decimal places as needed. Use ascending order.) C
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