Interpret the estimated model coefficients

Assignment Help Basic Statistics
Reference no: EM131111310

To determine whether extra personnel are needed for the day, the owners of a water adventure park would like to find a model that would allow them to predict the day's attendance each morning before opening based on the day of the week and weather conditions. The model is of the form

a. Interpret the estimated model coefficients.

b. Is there sufficient evidence to conclude that this model is useful tor the prediction of daily attendance? Use a = .05.

c. Is there sufficient evidence to conclude that the mean attendance increases on weekends? Use CY = .10.

d. Use the model to predict the attendance on a sunny weekday with a predicted high temperature of 95°F.

e. Suppose the 90% prediction interval for part d is (645,1,245). Interpret this interval

Reference no: EM131111310

Questions Cloud

Develop regression models for predicting the gpa : Many colleges and universities develop regression models for predicting the GPA of incoming freshmen. This predicted GPA can then be used to make admission decisions. Although most models use many independent variables to predict GPA, we will illu..
Create a method that will allow the user : Using the dancer world , create a method that will allow the user to select any three of the objects, and that will then cause the tallest of the three objects to spin. If more than one is the tallest, then the first of the tallest objects selecte..
Why did lbj decide not to run for president : Which of the following communist nations did Nixon visit in 1972? Which of the following areas of the world did U.S. forces NOT fight in during World War II?
Simple interactive website : Define a preliminary scope statement for a project to build a simple interactive website for this class. The website should be accessible only by current students and instructors.
Interpret the estimated model coefficients : To determine whether extra personnel are needed for the day, the owners of a water adventure park would like to find a model that would allow them to predict the day's attendance each morning before opening based on the day of the week and wea..
Create separate budget for each cash payments budget listed : Create a separate budget for each cash payments budget listed above. Budgeted manufacturing overhead per unit (HINT: There is no time period/monthly budget needed for this).
What was the purpose of the condenser : What was the purpose of the condenser and What are the products when octane is completely burned in air?
Exploring whether its advertising effort affects : The audience for a product's advertising can be divided into two segments according to the degree of exposur  received as a result of the advertising. These segments are groups of consumers who receive high (H) or low (L) exposure to the adver..
What are the advantages to using the loop instruction : What are the advantages in using the WHILE instruction to set up a count-controlled loop?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Find p-value for the test of hypothesis

Group suspects that local shopkeeper's 10g packs is actually less than wt. The group took sample of 40 whose mean wt is 9.95 and s.d. of 0.15. Find p-value for the test of hypothesis.

  Estimate equal the theoretical value

Simulate 500 independent standard normal values. Use these to generate 250 pairs of bivariate normal vectors .Xi ; Yi /, with zero means, unit standard deviations, and correlation p D :25; :5; :75. Use your sim- ulated pairs to estimate P.X > 0; Y > ..

  Calculate the correlation coefficient

Is there an increasing or decreasing pattern? Explain what that means in terms of height and shoe sizes. Calculate the correlation coefficient, r. (3 decimal places)

  The central limit theorem says that when a simple sample of

the central limit theorem says that when a simple sample of size n is drawn from any population with mean ? and

  Understand the height of a california redwood tree

Any person who is familiar with these trees understand the height of a California redwood tree which is related to another characteristics of the tree.

  Determine whether oven has effect on cake-s density

From the test data, can we determine whether the oven has an effect on the cake's density? The null hypothesis should be: Oven has no effect on density.

  Consumer protection agency

A manufacturer claims that the life span of its tires is 49,000 miles. You work for a consumer protection agency and you are testing these tires. Assume the life spans of the tires are normally distributed. You select 100 tires at random and test ..

  Suppose you were given the task of estimating the

suppose you were given the task of estimating the proportion of drivers in troy al who text while they drive. discuss

  Which of the following is true for a symmetrical

which of the following is true for a symmetrical distribution?a. mean modeb. median modec. the mean median and mode

  Mean-standard deviation of company total cost for shipping

It costs ABC $0.5 per pound to ship the box containing the weights. Because it's an odd-shaped package, though, shipping the bar costs $0.6 per pound plus a $10 surcharge. Find the mean and standard deviation of the company's total cost for shippi..

  What percent of kiosk users take between given seconds

Time closely follows a normal distribution with a mean of 500 seconds and a standard deviation of 72 seconds. What percent of kiosk users take between 600 and 720 seconds?

  What is the p-value for the hypothesis test

State the hypotheses that can be used to determine whether the population proportions of delayed departures differ at these two airports and what is the point estimate of the proportion of flights that have delayed departures atChicago O'Hare?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd