A study of selected western states calculated the regressionline for average num

Question

A study of selected western states calculated the regressionline for average number of toursit visits versus the number ofdollars spent on advertising in vaction magazines. The y-interceptwas 16,000 and the slope was 0.95. Given the information above, what average number of touristvisits does this regression predict for a state that spends $10,000on advertising? a. 16,950 b. 24,700 c. 25,200 d. 25,500 e. 26,840 Please choose one answer and show all work, in order toreceive Lifesaver! Thank you! :) A study of selected western states calculated the regressionline for average number of toursit visits versus the number ofdollars spent on advertising in vaction magazines. The y-interceptwas 16,000 and the slope was 0.95. Given the information above, what average number of touristvisits does this regression predict for a state that spends $10,000on advertising? a. 16,950 b. 24,700 c. 25,200 d. 25,500 e. 26,840 Please choose one answer and show all work, in order toreceive Lifesaver! Thank you! :)

Explanation / Answer

y = 16,000 + 0.95x y= 16,000 + 0.95 (10,000) = 25,500 d. 25,500

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