Bus and subway ridership for the summer months in London, England, is believed to be tied heavily to the number oftourists visiting the city. During the past 12 years, the following data have been obtained:Year12346789101112Number of Tourists (in millions)724141516121420157Ridership (in millions)1.50.91.31.62.42.82.52.12.74.43.31.8This exercise contains only parts b, c, d, e, and f.b) The least-squares regression equation that shows the best relationship between ridership and the number of touristsis (round your responses to three decimal places):y = 0.519 + 0.160 xwhere y = Dependent Variable and x = Independent Variable.c) If it is expected that 10 million tourists will visit London, then the expected ridership = 2.12 million riders (round yourresponse to two decimal places).d) If there are no tourists at all, then the model still predicts a ridership. This is due to the fact that zero tourists areoutside the range of data used to develop the model.e) The standard error of the estimate developed using least-squares regression = |places).| (round your response to three

Excel Procedure: Enter X and Y in Excel>Data>Data Analysis> ‘Regression’>Select Y under…

Bus and subway ridership for the summer months in London, England, is believed to be tied heavily to the number of tourists visiting the city. During the past 12 years, the following data have been obtained: Year 1 3 4 6 7 8 9 10 11 12 Number of Tourists (in millions) 7 2 4 14 15 16 12 14 20 15 Ridership (in millions) 1.5 0.9 1.3 1.6 2.4 2.8 2.5 2.1 2.7 4.4 3.3 1.

Bus and subway ridership for the summer months in London, England, is believed to be tied heavily to the number of tourists visiting the city. During the past 12 years, the following data have been obtained: Year 1 3 4 6 7 8 9 10 11 12 Number of Tourists (in millions) 7 2 4 14 15 16 12 14 20 15 Ridership (in millions) 1.5 0.9 1.3 1.6 2.4 2.8 2.5 2.1 2.7 4.4 3.3 1.

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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