oooo AT&T; F 5:03 PM 53% ezto mheducation com points Camp Rainbow offers overnig
ID: 3231669 • Letter: O
Question
oooo AT&T; F 5:03 PM 53% ezto mheducation com points Camp Rainbow offers overnight summer camp programs for children ages 10-14 every summer during June and July. Each camp session is one week and can accommodate up to 200 children. The camp is not coed, so boys attend during the odd numbered weeks and girls attend during the even-numbered weeks. While at the camp, participants make crafts, participate in various sports, help care for the camp's resident animals, have cookouts and hayrides, and help assemble toys for local underprivileged children. The camp provides all food as well as materials for all craft classes and the toys to be assembled. One cabin can accommodate up to 10 children, and one camp counselor is assigned to each cabin. Three camp managers are on-site regardless of the number of campers enrolled. Following is the cost information for Camp Rainbows operations last summer: Number of Run Camp 8,050 118 8A460 156 10.900 174 11.100 188 13 670 184 14,300 170 12,325 156 11.270 Required 1. Perform a least-squares regression analysis on Camp Rainbow's data. (Use Microsoft Excel or a statistical package to find the coefficients using least-squares regression. Round your answers to 2 decimal places.) Number of CampersExplanation / Answer
1)
Predictor Coefficients SE Coef T P
Constant 1877 1529 1.23 0.266
Number of Campers 60.73 9.694 6.27 0.001
2)
The regression equation is
Cost to Run Camp = 1877 + 60.73 Number of Campers
3) The camp's expected operating cost if 170 children attend a session is
Cost to Run Camp = 1877 + 60.73*170 = 12201.10
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