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 daSSE = 1 541 .4Click on the datafile logo to reference the data. Use Table 1 of Appendix B.DATA fileEntertainment ($)16110510114210012016714098Room Rate (S)1489691110901021369082CityBostonDenverNashvilleNew OrleansPhoenixSan DiegoSan FranciscoSan JoseTampaa. Predict the amount spent on entertainment for a particular city that has a daily room rate of $89 (to 2 decimals)$109.46b. 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 $

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Asked Apr 30, 2019
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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
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 $
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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 $

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Expert Answer

Step 1

The given estimated regression equation is y-hat = 17.49 + 1.0334x and the value of SSE is 1,541.4.

Here, the variable x is the average daily room rate and y is the amount spent on entertainment.

Daily room rate for a particular city is $89, predict the amount spent on entertainment is,

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Step 2

b.

Confidence interval:

The formula for 95% confidence interval is,

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Step 3

The given SSE is...

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