The director of special events for Sun City believed that the amount of money spent on fireworks displays for the Fourth redictive of attendance at the Fall Festival held in October. She gathered the following data to test her suspicion. 4th of July ($000) 10.0 5.5 12.0 8.0 7.5 9.0 10.6 10.0 Fall Festival (000) 8.9 6.4 11.5 10.2 6.0 11.1 7.5 8.4 4th of July ($000) 7.5 6.0 12.0 10.5 8.5 12.5 9.0 Fall Festival (000) 9.5 12.4 6.6 10.1 6.1 12.0 10.3 picture Click here for the Excel Data File -1. Compute and report the regression equation that predicts "fall festival attendance" with "amount spent on Fourth of

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question

I attached the problem that I am currently having issuers with. Thanks. 

The director of special events for Sun City believed that the amount of money spent on fireworks displays for the Fourth of July was
predictive of attendance at the Fall Festival held in October. She gathered the following data to test her suspicion.
4th of July
($000)
10.0
5.5
12.0
8.0
7.5
9.0
10.6
10.0
Fall =
Fall Festival
(000)
8.9
6.4
11.5
10.2
6.0
11.1
7.5
8.4
4th of July
($000)
7.5
6.0
12.0
10.5
8.5
12.5
9.0
Regression coefficient
Fall Festival
(000)
9.5
12.4
6.6
10.1
picture Click here for the Excel Data File
a-1. Compute and report the regression equation that predicts "fall festival attendance" with "amount spent on Fourth of July
fireworks". (Round your answers to 2 decimal places.)
(July $ on Fireworks).
6.1
12.0
10.3
a-2. Report the coefficient of determination. (Round your answer to 2 decimal places.)
a-3. Interpret the regression coefficient. (Round your answer to 4 decimal places.)
Transcribed Image Text:The director of special events for Sun City believed that the amount of money spent on fireworks displays for the Fourth of July was predictive of attendance at the Fall Festival held in October. She gathered the following data to test her suspicion. 4th of July ($000) 10.0 5.5 12.0 8.0 7.5 9.0 10.6 10.0 Fall = Fall Festival (000) 8.9 6.4 11.5 10.2 6.0 11.1 7.5 8.4 4th of July ($000) 7.5 6.0 12.0 10.5 8.5 12.5 9.0 Regression coefficient Fall Festival (000) 9.5 12.4 6.6 10.1 picture Click here for the Excel Data File a-1. Compute and report the regression equation that predicts "fall festival attendance" with "amount spent on Fourth of July fireworks". (Round your answers to 2 decimal places.) (July $ on Fireworks). 6.1 12.0 10.3 a-2. Report the coefficient of determination. (Round your answer to 2 decimal places.) a-3. Interpret the regression coefficient. (Round your answer to 4 decimal places.)
a-3. Interpret the regression coefficient. (Round your answer to 4 decimal places.)
Regression coefficient
b. Evaluate the regression assumptions based on an analysis of the residuals
The regression assumptions based on an analysis of the residuals is
supported.
Transcribed Image Text:a-3. Interpret the regression coefficient. (Round your answer to 4 decimal places.) Regression coefficient b. Evaluate the regression assumptions based on an analysis of the residuals The regression assumptions based on an analysis of the residuals is supported.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 3 images

Blurred answer
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
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…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
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
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman