Suppose you are a manager for a carnival game at the local fair. You want toestimate how many prizes you will need to have in stock to give out, based onthe number of tickets purchased before the fair begins. You examine the past 24fair openings to make your regression model, and find the followinginformation.(x − x)² = 791.5Σe²= = 223.1and ŷ=294.21 +0.186x, where is the number of tickets purchasedbefore the fair begins, and ŷ is the predicted demand for prizes during the firstday of the fair. What is the standard error of the slope of the regression line?8.10.0540.024√

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Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter7: Analytic Trigonometry

Section7.6: The Inverse Trigonometric Functions

Problem 94E

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er for a ca game at the you will need to have in sto chased before the fair begins regression model, and find - 186x, where x is the num ŷ is the predicted demand e standard error of the slope