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Which ONE of the following statements regarding 0.581 on the summary output is correct? Group of answer choices 0.581 is the correlation for TIP and PREDICTED-SALES AMOUNT. -0.581 (negative 0.581) is the correlation for SALES AMOUNT and TIP. -0.581 (negative 0.581) is the correlation for TIP and PREDICTED-TIP. 0.581 is the correlation for TIP and PREDICTED-TIP. -0.581 (negative 0.581) is the correlation for SALES AMOUNT and PREDICTED-TIP. 0.581 is the correlation for SALES AMOUNT and PREDICTED-SALES AMOUNT.

Which ONE of the following statements regarding 0.581 on the summary output is correct? Group of answer choices 0.581 is the correlation for TIP and PREDICTED-SALES AMOUNT. -0.581 (negative 0.581) is the correlation for SALES AMOUNT and TIP. -0.581 (negative 0.581) is the correlation for TIP and PREDICTED-TIP. 0.581 is the correlation for TIP and PREDICTED-TIP. -0.581 (negative 0.581) is the correlation for SALES AMOUNT and PREDICTED-TIP. 0.581 is the correlation for SALES AMOUNT and PREDICTED-SALES AMOUNT.

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
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Which ONE of the following statements regarding 0.581 on the summary output is correct?

Group of answer choices
0.581 is the correlation for TIP and PREDICTED-SALES AMOUNT.
-0.581 (negative 0.581) is the correlation for SALES AMOUNT and TIP.
-0.581 (negative 0.581) is the correlation for TIP and PREDICTED-TIP.
0.581 is the correlation for TIP and PREDICTED-TIP.
-0.581 (negative 0.581) is the correlation for SALES AMOUNT and PREDICTED-TIP.
0.581 is the correlation for SALES AMOUNT and PREDICTED-SALES AMOUNT.
The graph and the Excel summary output below are about the weekend sales and tips at a certain Sonny's restaurant in Tallahassee, FL. Use them to answer the SONNY'S questions that follow. The data was gathered by Sonny's employee Joshua Gonzalez for his group project in my Summer 2007 STA 2122 class. SLRI SONNY'S SCATTERPLOT 250 225 H 200 175 •C 150 E 125 100 *F 75 50 A 25 100 200 300 400 500 600 700 800 900 1000 1100 1200 SALE AMOUNT ($) © 2020 Radha Bose Florida State University Department of Statistics SUMMARY OUTPUT SONNY'S Regression Statistics Multiple R 0.58064672 R Square 0.337150613 Adjusted R Square 0.325722175 Standard Error 28.73607083 Observations 60 ($) dIL
Transcribed Image Text:The graph and the Excel summary output below are about the weekend sales and tips at a certain Sonny's restaurant in Tallahassee, FL. Use them to answer the SONNY'S questions that follow. The data was gathered by Sonny's employee Joshua Gonzalez for his group project in my Summer 2007 STA 2122 class. SLRI SONNY'S SCATTERPLOT 250 225 H 200 175 •C 150 E 125 100 *F 75 50 A 25 100 200 300 400 500 600 700 800 900 1000 1100 1200 SALE AMOUNT ($) © 2020 Radha Bose Florida State University Department of Statistics SUMMARY OUTPUT SONNY'S Regression Statistics Multiple R 0.58064672 R Square 0.337150613 Adjusted R Square 0.325722175 Standard Error 28.73607083 Observations 60 ($) dIL
ANOVA df SS MS F Significance F Regression 1 24360.81754 24360.81754 29.50102381 1.15405E-06 Residual 58 47894.18246 825.7617666 Total 59 72255 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Intercept 56.95659334 12.27319518 4.640730674 2.02919E-05 32.38912416 81.52406252 Sale Amount 0.126993685 0.023381027 5.431484494 1.15405E-06 0.080191475 0.173795894 © 2020 Radha Bose Florida State University Department of Statistics
Transcribed Image Text:ANOVA df SS MS F Significance F Regression 1 24360.81754 24360.81754 29.50102381 1.15405E-06 Residual 58 47894.18246 825.7617666 Total 59 72255 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Intercept 56.95659334 12.27319518 4.640730674 2.02919E-05 32.38912416 81.52406252 Sale Amount 0.126993685 0.023381027 5.431484494 1.15405E-06 0.080191475 0.173795894 © 2020 Radha Bose Florida State University Department of Statistics
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