6 7. Run Regression and put it on a new worksbieet called \"Regression\" 7 8. Us
ID: 3066243 • Letter: 6
Question
6 7. Run Regression and put it on a new worksbieet called "Regression" 7 8. Using only the coefficient information on the Regression output thst you just ran, answer the following 8 a. What coefficient is by? 9 b. What coefficient is bo? guestios x variable c What would ridership be if sumber of toarists were 25 d What woeld ridersdip be if aanber of tourists were 57 1 9. Using oly the built-in forsalas in questions a, b.aswer the questioss(cand d) 2 a. What is b? 3 b. What is bo? x variable c What would ridership be if oomber of tourists were 17 dWhat wold ridership be if snember of towrists were 19?Explanation / Answer
Question 8
Part a
The coefficient b1 is given as below:
b1 = 1.59
(by using regression output)
Part b
The coefficient b0 is given as below:
b0 = 5.06
(by using regression output)
Part c
We are given
X = 25
Regression equation is given as below:
Ridership = Y-hat = b0 + b1*X
Ridership = 5.06 + 1.59*X
Ridership = 5.06 + 1.59* 25
Ridership = 44.81
Answer = 44.81
Part d
We are given
X = 5
Ridership = Y-hat = b0 + b1*X
Ridership = 5.06 + 1.59*X
Ridership = 5.06 + 1.59* 5
Ridership = 13.01
Answer = 13.01
Question 9
Part a
b1 = 1.59
Part b
b0 = 5.06
Part c
Here, X = 17
Ridership = Y-hat = b0 + b1*X
Ridership = 5.06 + 1.59*17
Ridership =32.09
Part d
Here, X = 19
Ridership = Y-hat = b0 + b1*X
Ridership = 5.06 + 1.59*19
Ridership =35.27
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