A magazine publishes restaurant ratings for various locations around the world. The magazine rates the restaurants for food, decor, service, and the cost per person. Develop a regression model to predict the cost per person, based on a variable that represents the sum of the three ratings. The magazine has compiled the accompanying table of this summated ratings variable and the cost per person for 25 restaurants in a major city. Complete parts (a) through (e) below. a. Construct a scatter plot. Choose the correct graph below. O A. A Cost (S) 90- Rating 90 B. A Cost (S) 90- 1 Rating 90 C. A Cost (S) 90- Rating 90 Q b. Assuming a linear relationship, use the least-squares method to compute the regression coefficients bo and b₁. bo=and b₁ = (Round to two decimal places as needed) D. A Cost (S) 90- 0- Rating 90
A magazine publishes restaurant ratings for various locations around the world. The magazine rates the restaurants for food, decor, service, and the cost per person. Develop a regression model to predict the cost per person, based on a variable that represents the sum of the three ratings. The magazine has compiled the accompanying table of this summated ratings variable and the cost per person for 25 restaurants in a major city. Complete parts (a) through (e) below. a. Construct a scatter plot. Choose the correct graph below. O A. A Cost (S) 90- Rating 90 B. A Cost (S) 90- 1 Rating 90 C. A Cost (S) 90- Rating 90 Q b. Assuming a linear relationship, use the least-squares method to compute the regression coefficients bo and b₁. bo=and b₁ = (Round to two decimal places as needed) D. A Cost (S) 90- 0- Rating 90
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Expert Solution
Step 1
Given data:
x | y |
55 | 38 |
68 | 51 |
67 | 59 |
65 | 57 |
63 | 44 |
60 | 38 |
52 | 42 |
65 | 43 |
53 | 33 |
48 | 31 |
54 | 39 |
49 | 36 |
74 | 84 |
65 | 54 |
53 | 38 |
48 | 37 |
57 | 33 |
44 | 22 |
54 | 43 |
54 | 46 |
63 | 63 |
65 | 60 |
53 | 28 |
72 | 46 |
69 | 48 |
x: summated ratings
y: cost per person
The sample size is .
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