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the last row reads 67 and 48 A magazine publishes restaurant ratings or various

ID: 3268681 • Letter: T

Question

the last row reads 67 and 48

A magazine publishes restaurant ratings or various ocations aroun the world The magazine rates ne restaurants or ood decor ser e and he cost er person eve o are ess on mode to pred the cost er person. base (e) below on a variable that represents the sum of the three ratings. The magazine has compiled the accompanying table of this summated ratings variable and the cost per person for 25 restaurants in a major city. Complete parts (a) through Click the icon to view the table of summated ratings and cost per person. a. Construct a scatter plot. Choose the correct graph below. OA. OB. D. Cont ) 90 90 90 90 Ratng Rating Rating Rating b. Assuming a linear relationship, use the least-squares method to compute the regression coefficients bo and b1 bo = | | and b,- (Round to two decimal places as needed.) c.Interpret the meaning of the Y-intercept, bo, and the slope, by. Choose the correct answer below Click to select your answer(s).

Explanation / Answer

a) Option B is Correct

b) b0 = -39.79

b1 = 1.42

c) Option D is Correct

d) y =-39.79+1.42*40 = 17.08

So, answer is 17.08

e) Option B is Correct