Part D and E A magazine publishes restaurant ratings for various locations around the world. The magazine rates the restaurants for food, decor, service, and thecost per person. Develop a regression model to predict the cost per person, based on a variable that represents the sum of the three ratings. Themagazine has compiled the accompanying table of this summated ratings variable and the cost per person for 25 restaurants in a major city.Complete parts (a) through (e) below.E Click the icon to view the table of summated ratings and cost per person..........- 32.71 and b,Summated ratings and cost per person= 1.32bo(Round to two decimal places as needed.)%3Dc. Interpret the meaning of the Y-intercept, bo, and the slope, b,. ChoSummated Rating Cost ($ per person) E5141A. The Y-intercept, bo, implies that if the summated rating of a reimplies that for each increase of 1 in the summated rating, the69496959B. A practical interpretation of the Y-intercept b, is not meaningfu66576544b, implies that for each increase of 1 in the summated rating,60395342C. The Y-intercept, bo, implies that if the summated rating of a reimplies that for each increase of 1dollar in the cost per person63405033D. The Y-intercept, bo, implies that if the summated rating of a re48335239the average cost per person is b, dollars.49387489d. Predict the mean cost per person for a restaurant with a summated62555438= $ per person (Round to the nearest cent as needed.)51375433e. What should you tell the owner of a group of restaurants in this geocost of a meal?442254395643A. As expected, the higher the summated rating of the restaurant67646463B. As expected, the lower the summated rating of the restaurant,5228C. As expected, the summated rating of the restaurant is not ass71486949D. As expected, the higher the summated rating of the restaurant d. Predict the mean cost per person for a restaurant with a summated rating of 70.= $per person (Round to the nearest cent as needed.)e. What should you tell the owner of a group of restaurants in this geographical area about the relationship between the summated rating and thecost of a meal?A. As expected, the higher the summated rating of the restaurant, the higher the restaurant can charge per meal.B. As expected, the lower the summated rating of the restaurant, the higher the restaurant can charge per meal.C. As expected, the summated rating of the restaurant is not associated with what the restaurant can charge per meal.D. As expected, the higher the summated rating of the restaurant, the less the restaurant can charge per meal.O O O

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Each regression line has only one dependent variable. But the number of independent variable on the…