Select the appropriate interpretation for the slope of the linear regression equation below. Y (Dependent Variable) = Cost of an annual pass to Disney in dollars X (Independent Variable) = Average number of people who visit each day in thousands of people yhat = 2122.86 - 30*X A. For every 1 thousand more people on average who visit Disney each day then the price of an annual pass will decrease on average by 30 dollars B. For every 1 dollar more that a Disney annual pass costs then on average the daily attendance at the park has decreased by 30 thousand people. C. For every 1 thousand more people on average who visit Disney each day then the price of an annual pass will increase on average by 30 dollars D. For every 1 dollar less that a Disney annual pass costs then on average the daily attendance at the park has increased by 30 thousand people.
Select the appropriate interpretation for the slope of the linear regression equation below. Y (Dependent Variable) = Cost of an annual pass to Disney in dollars X (Independent Variable) = Average number of people who visit each day in thousands of people yhat = 2122.86 - 30*X A. For every 1 thousand more people on average who visit Disney each day then the price of an annual pass will decrease on average by 30 dollars B. For every 1 dollar more that a Disney annual pass costs then on average the daily attendance at the park has decreased by 30 thousand people. C. For every 1 thousand more people on average who visit Disney each day then the price of an annual pass will increase on average by 30 dollars D. For every 1 dollar less that a Disney annual pass costs then on average the daily attendance at the park has increased by 30 thousand people.
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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Select the appropriate interpretation for the slope of the linear regression equation below.
Y (Dependent Variable) = Cost of an annual pass to Disney in dollars
X (Independent Variable) = Average number of people who visit each day in thousands of people
yhat = 2122.86 - 30*X
A. For every 1 thousand more people on average who visit Disney each day then the price of an annual pass will decrease on average by 30 dollars
B. For every 1 dollar more that a Disney annual pass costs then on average the daily attendance at the park has decreased by 30 thousand people.
C. For every 1 thousand more people on average who visit Disney each day then the price of an annual pass will increase on average by 30 dollars
D. For every 1 dollar less that a Disney annual pass costs then on average the daily attendance at the park has increased by 30 thousand people.
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