The following linear regression model can be used to predict ticket sales at a popular water park.Ticket sales per hour = - 631.25 + 11.25(current temperature in °F)23) Choose the statement that best states the meaning of the slope in this context.A) The slope tells us that a one degree increase in temperature is associated with an average increase in ticket sales of 11.25 tickets.B) The slope tells us that high temperatures are causing more people to buy tickets to the water park.C) The slope tells us that if ticket sales are decreasing there must have been a drop in temperature.D) None of these

We have given that Ticket sales per hour = - 631.25 +11.25(current temperature in °F)

Answered: The following linear regression model…

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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The following linear regression model can be used to predict ticket sales at a popular water park.

Ticket sales per hour = - 631.25 + 11.25(current temperature in °F)
23) Choose the statement that best states the meaning of the slope in this context.

A) The slope tells us that a one degree increase in temperature is associated with an average increase in ticket sales of 11.25 tickets.
B) The slope tells us that high temperatures are causing more people to buy tickets to the water park.
C) The slope tells us that if ticket sales are decreasing there must have been a drop in temperature.
D) None of these

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