Answer the following questions using the data given below. Moviegoer Spending on Snacks (n = 10) Age (X) 30 50 34 12 37 33 36 26 18 46 ($) Spent (Y) 6.85 10.50 5.50 10.35 10.20 10.75 7.60 10.10 12.35 8.35 Use Excel to make a scatter plot of the data. Select the data points, right-click, select Add Trendline, select the Options tab, and choose Display equation on chart and Display R-squared value on chart. Picture Click here for the Excel Data File (a) Choose the right option.
Answer the following questions using the data given below. Moviegoer Spending on Snacks (n = 10) Age (X) 30 50 34 12 37 33 36 26 18 46 ($) Spent (Y) 6.85 10.50 5.50 10.35 10.20 10.75 7.60 10.10 12.35 8.35 Use Excel to make a scatter plot of the data. Select the data points, right-click, select Add Trendline, select the Options tab, and choose Display equation on chart and Display R-squared value on chart. Picture Click here for the Excel Data File (a) Choose the right option.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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Please solve it sir and dont do handwritten please explain concept .... use excel and write steps and output photo , Please steps are mandatory with concept explanation definitely ill like.

Transcribed Image Text:Section Exercise 12-20
Answer the following questions using the data given below.
Moviegoer
Spending on
Snacks (n = 10)
Age (X)
30
50
34
12
37
33
36
26
18
46
(S)
Spent
(1)
6.85
10.50
5.50
10.35
10.20
10.75
7.60
10.10
12.35
8.35
Use Excel to make a scatter plot of the data. Select the data points, right-click,
select Add Trendline, select the Options tab, and choose Display equation on chart
and Display R-squared value on chart.
Picture
Click here for the Excel Data File
(a) Choose the right option.

Transcribed Image Text:Use Excel to make a scatter plot of the data. Select the data points, right-click,
select Add Trendline, select the Options tab, and choose Display equation on chart
and Display R-squared value on chart.
Picture
Click here for the Excel Data File
(a) Choose the right option.
(b) Choose the correct statement.
(c)
An increase in age leads to an average increase in spending.
An increase in age leads to an average decrease in spending.
(d)
The intercept is meaningful because one could spend money on snacks
even if very young.
The intercept is not meaningful in this case because age wouldn't be
zero.
Calculate R². (Round your answer to 4 decimal places.)
The percentage of variation in spending that is explained by a moviegoer's
age is
%. (Round your answer to 2 decimal places.)
(e) Age of the consumer has a great impact on the amount spent.
Yes
No
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