Select the appropriate interpretation for the slope of the linear regression equation below. Y (Dependent Variable) = Cost of an annual pass to Disney in dollars X (Independent Variable) = Average number of people who visit each day in thousands of people yhat = 2122.86 - 30*X A. For every 1 thousand more people on average who visit Disney each day then the price of an annual pass will decrease on average by 30 dollars B. For every 1 dollar more that a Disney annual pass costs then on average the daily attendance at the park has decreased by 30 thousand people. C. For every 1 thousand more people on average who visit Disney each day then the price of an annual pass will increase on average by 30 dollars D. For every 1 dollar less that a Disney annual pass costs then on average the daily attendance at the park has increased by 30 thousand people.
Select the appropriate interpretation for the slope of the linear regression equation below. Y (Dependent Variable) = Cost of an annual pass to Disney in dollars X (Independent Variable) = Average number of people who visit each day in thousands of people yhat = 2122.86 - 30*X A. For every 1 thousand more people on average who visit Disney each day then the price of an annual pass will decrease on average by 30 dollars B. For every 1 dollar more that a Disney annual pass costs then on average the daily attendance at the park has decreased by 30 thousand people. C. For every 1 thousand more people on average who visit Disney each day then the price of an annual pass will increase on average by 30 dollars D. For every 1 dollar less that a Disney annual pass costs then on average the daily attendance at the park has increased by 30 thousand people.
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
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Select the appropriate interpretation for the slope of the linear regression equation below.
Y (Dependent Variable) = Cost of an annual pass to Disney in dollars
X (Independent Variable) = Average number of people who visit each day in thousands of people
yhat = 2122.86 - 30*X
A. For every 1 thousand more people on average who visit Disney each day then the price of an annual pass will decrease on average by 30 dollars
B. For every 1 dollar more that a Disney annual pass costs then on average the daily attendance at the park has decreased by 30 thousand people.
C. For every 1 thousand more people on average who visit Disney each day then the price of an annual pass will increase on average by 30 dollars
D. For every 1 dollar less that a Disney annual pass costs then on average the daily attendance at the park has increased by 30 thousand people.
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