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In a recent survey, ice cream truck drivers in Cincinnati, Ohio, reported that they make about $280 in income on a typical summer day. The income was generally higher on days with longer work hours, particularly hot days, and on holidays. The accompanying data file includes five weeks of the driver's daily income (Income), number of hours on the road (Hours), whether it was a particularly hot day (Hot - 1 if the high temperature was above 85°F, 0 otherwise), and whether it was a Holiday (Holiday = 1,0 otherwise). Click here for the Excel Data File a-1. Estimate the effect of Hours, Hot, and Holidays on Income. Report the regression coefficients and their significance at the 5% level. Note: Negative values should be indicated by a minus sign. Round your answers to 2 decimal places. Predictor Variable Constant Hours Hot Holidays Coefficient Significance at 5% Not significant Significant Significant Significant

In a recent survey, ice cream truck drivers in Cincinnati, Ohio, reported that they make about $280 in income on a typical summer day. The income was generally higher on days with longer work hours, particularly hot days, and on holidays. The accompanying data file includes five weeks of the driver's daily income (Income), number of hours on the road (Hours), whether it was a particularly hot day (Hot - 1 if the high temperature was above 85°F, 0 otherwise), and whether it was a Holiday (Holiday = 1,0 otherwise). Click here for the Excel Data File a-1. Estimate the effect of Hours, Hot, and Holidays on Income. Report the regression coefficients and their significance at the 5% level. Note: Negative values should be indicated by a minus sign. Round your answers to 2 decimal places. Predictor Variable Constant Hours Hot Holidays Coefficient Significance at 5% Not significant Significant Significant Significant

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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In a recent survey, ice cream truck drivers in Cincinnati, Ohio, reported that they make about $280 in income on a typical summer day. The income was generally higher on days with longer work hours, particularly hot days, and on holidays. The accompanying data file includes five weeks of the driver's daily income (Income), number of hours on the road (Hours), whether it was a particularly hot day (Hot - 1 if the high temperature was above 85°F, 0 otherwise), and whether it was a Holiday (Holiday = 1,0 otherwise). Click here for the Excel Data File a-1. Estimate the effect of Hours, Hot, and Holidays on Income. Report the regression coefficients and their significance at the 5% level. Note: Negative values should be indicated by a minus sign. Round your answers to 2 decimal places. Predictor Variable Constant Hours Hot Holidays Coefficient Significance at 5% Not significant Significant Significant Significant
Transcribed Image Text:In a recent survey, ice cream truck drivers in Cincinnati, Ohio, reported that they make about $280 in income on a typical summer day. The income was generally higher on days with longer work hours, particularly hot days, and on holidays. The accompanying data file includes five weeks of the driver's daily income (Income), number of hours on the road (Hours), whether it was a particularly hot day (Hot - 1 if the high temperature was above 85°F, 0 otherwise), and whether it was a Holiday (Holiday = 1,0 otherwise). Click here for the Excel Data File a-1. Estimate the effect of Hours, Hot, and Holidays on Income. Report the regression coefficients and their significance at the 5% level. Note: Negative values should be indicated by a minus sign. Round your answers to 2 decimal places. Predictor Variable Constant Hours Hot Holidays Coefficient Significance at 5% Not significant Significant Significant Significant
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