Please do not give solution in image format thanku Explain whether each scenario is a classification or regression problem, and indicate whether we are most interested in inference or prediction and why. Finally, provide n (number of observations) and p (number of predictors):   1. Season ticket holders (STH) are important for both collegiate and professional sports teams. Penn State’s football program wants to use quantity of tickets, section, percentage of tickets used throughout the year, and percentage of games attended to predict whether a STH is likely to renew their seats. They currently have 4,000 STHs.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
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Please do not give solution in image format thanku

Explain whether each scenario is a classification or regression problem, and indicate whether we are most interested in inference or prediction and why. Finally, provide n (number of observations) and p (number of predictors):

 

1. Season ticket holders (STH) are important for both collegiate and professional sports teams. Penn State’s football program wants to use quantity of tickets, section, percentage of tickets used throughout the year, and percentage of games attended to predict whether a STH is likely to renew their seats. They currently have 4,000 STHs.

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