d-3. Interpret the regression coefficient. (Round your answer to 4 decimal places.) Regression coefficient e. Predict the tip based on a bill amount of $100. (Round your answer to 3 decimal plac Predicted Amount of tip
d-3. Interpret the regression coefficient. (Round your answer to 4 decimal places.) Regression coefficient e. Predict the tip based on a bill amount of $100. (Round your answer to 3 decimal plac Predicted Amount of tip
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
Can you please answer questions d-3 and e.
![The Conch Café, located in Gulf Shores, Alabama, features casual lunches with a great view of the Gulf of Mexico. To accommodate
the increase in business during the summer vacation season, Fuzzy Conch, the owner, hires a large number of servers as seasonal
help. When he interviews a prospective server, he would like to provide data on the amount a server can earn in tips. He believes that
the amount of the bill and the number of diners are both related to the amount of the tip. He gathered the following sample
information.
Customer
123489
5
6
7
10
11
12
13
14
15
Amount of
Tip
$7.00
4.50
1.00
2.40
5.00
4.25
0.50
6.00
5.00
4.75
5.25
6.00
4.00
3.35
0.75
Amount of
Bill
$48.97
28.23
10.65
19.82
28.62
24.83
6.24
49.20
43.26
31.36
32.87
34.99
33.91
23.06
4.65
Number of
Diners
5
4
+H334344342
1
1
1
Customer
16
17
18
19
ΝΝΕΕΕ
20
21
22
23
24
NNNS
25
26
27
28
29
WN
30
Amount of
Tip
$3.30
3.50
3.25
5.40
2.25
5.50
3.00
1.25
3.25
3.00
6.25
5.60
2.50
9.25
8.25
Amount of
Bill
$ 23.59
22.30
32.00
50.02
17.60
44.47
20.27
19.53
27.03
21.28
43.38
28.12
26.25
56.81
50.65
Number of
Diners
~2243 ~ ~ 3 N 255
4
2
2
2
4
4
5](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F02cebe14-a11f-4203-848a-48002b3286ce%2F410cb6d3-91e4-4d5c-9003-fa826daa260a%2Fyl5jdw9_processed.png&w=3840&q=75)
Transcribed Image Text:The Conch Café, located in Gulf Shores, Alabama, features casual lunches with a great view of the Gulf of Mexico. To accommodate
the increase in business during the summer vacation season, Fuzzy Conch, the owner, hires a large number of servers as seasonal
help. When he interviews a prospective server, he would like to provide data on the amount a server can earn in tips. He believes that
the amount of the bill and the number of diners are both related to the amount of the tip. He gathered the following sample
information.
Customer
123489
5
6
7
10
11
12
13
14
15
Amount of
Tip
$7.00
4.50
1.00
2.40
5.00
4.25
0.50
6.00
5.00
4.75
5.25
6.00
4.00
3.35
0.75
Amount of
Bill
$48.97
28.23
10.65
19.82
28.62
24.83
6.24
49.20
43.26
31.36
32.87
34.99
33.91
23.06
4.65
Number of
Diners
5
4
+H334344342
1
1
1
Customer
16
17
18
19
ΝΝΕΕΕ
20
21
22
23
24
NNNS
25
26
27
28
29
WN
30
Amount of
Tip
$3.30
3.50
3.25
5.40
2.25
5.50
3.00
1.25
3.25
3.00
6.25
5.60
2.50
9.25
8.25
Amount of
Bill
$ 23.59
22.30
32.00
50.02
17.60
44.47
20.27
19.53
27.03
21.28
43.38
28.12
26.25
56.81
50.65
Number of
Diners
~2243 ~ ~ 3 N 255
4
2
2
2
4
4
5
![d-3. Interpret the regression coefficient. (Round your answer to 4 decimal places.)
Regression coefficient
e. Predict the tip based on a bill amount of $100. (Round your answer to 3 decimal places.)
Predicted Amount of tip](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F02cebe14-a11f-4203-848a-48002b3286ce%2F410cb6d3-91e4-4d5c-9003-fa826daa260a%2Fcmjezhc_processed.png&w=3840&q=75)
Transcribed Image Text:d-3. Interpret the regression coefficient. (Round your answer to 4 decimal places.)
Regression coefficient
e. Predict the tip based on a bill amount of $100. (Round your answer to 3 decimal places.)
Predicted Amount of tip
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 5 steps with 2 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![MATLAB: An Introduction with Applications](https://www.bartleby.com/isbn_cover_images/9781119256830/9781119256830_smallCoverImage.gif)
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
![Probability and Statistics for Engineering and th…](https://www.bartleby.com/isbn_cover_images/9781305251809/9781305251809_smallCoverImage.gif)
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
![Statistics for The Behavioral Sciences (MindTap C…](https://www.bartleby.com/isbn_cover_images/9781305504912/9781305504912_smallCoverImage.gif)
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
![MATLAB: An Introduction with Applications](https://www.bartleby.com/isbn_cover_images/9781119256830/9781119256830_smallCoverImage.gif)
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
![Probability and Statistics for Engineering and th…](https://www.bartleby.com/isbn_cover_images/9781305251809/9781305251809_smallCoverImage.gif)
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
![Statistics for The Behavioral Sciences (MindTap C…](https://www.bartleby.com/isbn_cover_images/9781305504912/9781305504912_smallCoverImage.gif)
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
![Elementary Statistics: Picturing the World (7th E…](https://www.bartleby.com/isbn_cover_images/9780134683416/9780134683416_smallCoverImage.gif)
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
![The Basic Practice of Statistics](https://www.bartleby.com/isbn_cover_images/9781319042578/9781319042578_smallCoverImage.gif)
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
![Introduction to the Practice of Statistics](https://www.bartleby.com/isbn_cover_images/9781319013387/9781319013387_smallCoverImage.gif)
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman