In exercise 12, the following data on x = average daily hotel room rate and y = amount spent on entertainment The Wall Street Journal, August 18, 2011) lead to the estimated regression equation y = 17.49 + 1.0334x. For these da SSE = 1 541 .4 Click on the datafile logo to reference the data. Use Table 1 of Appendix B. DATA file Entertainment ($) 161 105 101 142 100 120 167 140 98 Room Rate (S) 148 96 91 110 90 102 136 90 82 City Boston Denver Nashville New Orleans Phoenix San Diego San Francisco San Jose Tampa a. Predict the amount spent on entertainment for a particular city that has a daily room rate of $89 (to 2 decimals) $109.46 b. Develop a 95% confidence interval for the mean amount spent on entertainment for all cities that have a daily room rate of $89 (to 2 decimals) to $ c. The average room rate in Chicago is $128. Develop a 95% prediction interval for the amount spent on entertainment in Chicago (to 2 decimals) to $
In exercise 12, the following data on x = average daily hotel room rate and y = amount spent on entertainment The Wall Street Journal, August 18, 2011) lead to the estimated regression equation y = 17.49 + 1.0334x. For these da SSE = 1 541 .4 Click on the datafile logo to reference the data. Use Table 1 of Appendix B. DATA file Entertainment ($) 161 105 101 142 100 120 167 140 98 Room Rate (S) 148 96 91 110 90 102 136 90 82 City Boston Denver Nashville New Orleans Phoenix San Diego San Francisco San Jose Tampa a. Predict the amount spent on entertainment for a particular city that has a daily room rate of $89 (to 2 decimals) $109.46 b. Develop a 95% confidence interval for the mean amount spent on entertainment for all cities that have a daily room rate of $89 (to 2 decimals) to $ c. The average room rate in Chicago is $128. Develop a 95% prediction interval for the amount spent on entertainment in Chicago (to 2 decimals) to $
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter3: Straight Lines And Linear Functions
Section3.CR: Chapter Review Exercises
Problem 15CR: Life Expectancy The following table shows the average life expectancy, in years, of a child born in...
Related questions
Topic Video
Question
100%
City | Room Rate ($) | Entertainment ($) |
Boston | 148 | 161 |
Denver | 96 | 105 |
Nashville | 91 | 101 |
New Orleans | 110 | 142 |
Phoenix | 90 | 100 |
San Diego | 102 | 120 |
San Francisco | 136 | 167 |
San Jose | 90 | 140 |
Tampa | 82 | 98 |
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 8 steps with 7 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Recommended textbooks for you
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
Calculus For The Life Sciences
Calculus
ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill