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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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