A ski resort asked a random sample of guests to rate their satisfaction on various attributes of their visit on a scale of 1-5 with 1= veryunsatisfied and 5 = very satisfied. The estimated regression model was Y= overall satisfaction score, X = lift line wait, X2 = amount ofski trail grooming, X3 = safety patrol visibility, and X4 = friendliness of guest services.PredictorCoefficient2.9018InterceptLiftwait0.1642AmountGroomed0.2343SkiPatrolVisibilityFriendlinessHosts0.0602-0.1193(a) Write the fitted regression equation. (Round your answers to 4 decimal places. Negative values should be indicated by a minussign.)* LiftWait +* AmountGroomed +SkiPatrolVisibility +|* FriendlinessHosts(b) Interpret each coefficient.Overall satisfaction Click to select)with an increase in satisfaction for each individual predictor except for friendliness of hosts.(c) Would the intercept seem to have meaning in this regression?YesNo(d) Make a prediction for OverallI Satisfaction when a guest's satisfaction in all four areas is rated a 3. (Round your answer to 4decimal places.)Overall satisfaction score

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Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter4: Equations Of Linear Functions

Section4.6: Regression And Median-fit Lines

Problem 4GP

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A ski resort asked a random sample of guests to rate their satisfaction on various attributes of their visit on a scale of 1–5 with 1 = very unsatisfied and 5 = very satisfied. The estimated regression model was Y = overall satisfaction score, X1 = lift line wait, X2 = amount of ski trail grooming, X3 = safety patrol visibility, and X4 = friendliness of guest services. Predictor Coefficient Intercept 2.9833 LiftWait 0.1458 AmountGroomed 0.2562 SkiPatrolVisibility 0.0428 FriendlinessHosts −0.1298 (a) Write the fitted regression equation. (Round your answers to 4 decimal places. Negative values should be indicated by a minus sign.) yˆy^ = + * LiftWait + * AmountGroomed + * SkiPatrolVisibility + * FriendlinessHosts (b) Interpret each coefficient. Overall satisfaction increases with an increase in satisfaction for each individual predictor except for friendliness of hosts. (d) Make a prediction for Overall Satisfaction when a guest’s satisfaction in…
A car dealership would like to develop a regression model that would predict the number of cars sold per month by a dealership employee based on theemployee's number of years of sales experience. The accompanying regression output was developed based on a random sample of employees. ANOVA df SS Regression 1 79.909407 Residual 23 261.210593 Total 24 341.12 Coefficients Standard Error Intercept 7.271539 1.229763 Slope 0.539854 1. Predict the sales next month for an employee with 2.5 years of experience. The predicted sales is 8.6 cars. 2. Compute the coefficient of determination and interpret its meaning. The coefficient of determination is 0.234. 3. Do the sample data provide evidence that the model is useful for predicting average monthly sales for employees based on their sales experience using α=0.05? The test statistic is (Type an integer or decimal rounded to two decimal places as…
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A car dealership would like to develop a regression model that would predict the number of cars sold per month by a dealership employee based on theemployee's number of years of sales experience. The accompanying regression output was developed based on a random sample of employees. ANOVA df SS Regression 1 79.909407 Residual 23 261.210593 Total 24 341.12 Coefficients Standard Error Intercept 7.271539 1.229763 Slope 0.539854 0.203521 The coefficient of determination is 0.234 Test statistic= 0.704 P-value= 0.014 Construct a 95% confidence interval around the sample slope and interpret its meaning. The confidence interval is (__________,_________). (Type an integer or decimal rounded to three decimal places as needed.)
A car dealership would like to develop a regression model that would predict the number of cars sold per month by a dealership employee based on the employee's number of years of sales experience. The accompanying regression output was developed based on a random sample of employees. ANOVA df SS Regression 1 79.909407 Residual 23 261.210593 Total 24 341.12 Coefficients Standard Error Intercept 7.271539 1.229763 Slope 0.539854 Predict the sales next month for an employee with 2.5 years of experience. The predicted sales is _________ cars. (Type an integer or decimal rounded to one decimal place as needed.)
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A ski resort asked a random sample of guests to rate their satisfaction on various attributes of their visit on a scale of 1–5 with 1 = very unsatisfied and 5 = very satisfied. The estimated regression model was Y = overall satisfaction score, X1 = lift line wait, X2 = amount of ski trail grooming, X3 = safety patrol visibility, and X4 = friendliness of guest services. Predictor Coefficient Intercept 2.7115 LiftWait 0.1474 AmountGroomed 0.2517 SkiPatrolVisibility 0.0656 FriendlinessHosts −0.1172 (a) Write the fitted regression equation. (Round your answers to 4 decimal places. Negative values should be indicated by a minus sign.) yˆy^ = ?? + ?? * LiftWait + ?? * AmountGroomed + ?? * SkiPatrolVisibility + ?? * FriendlinessHosts (b) Interpret each coefficient. Overall satisfaction increases Correctwith an increase in satisfaction for each individual predictor except for friendliness of hosts.(c) Would the intercept seem to have meaning in this…

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