Show the 95% confidence interval boundaries for 1 , the regression coefficient for parking ((l) and
Question:
Show the 95% confidence interval boundaries for β1, the regression coefficient for parking ((l) and (n)) and the 95% confidence interval boundaries for β2, the regression coefficient for proximity to public transport ((m) and (o)).
In a study of central city multiplex movie theaters, 15 theaters located in cities of similar size were selected. The theaters have the same number of screens and show a similar collection of movies. The table below gives the results of a multiple linear regression analysis intended to link monthly theater revenue per seat (in $) to two independent variables: number of parking spaces within two blocks of the theater (x1) and proximity (in feet) to the nearest subway, light rail, or trolley stop. (x2).
Step by Step Answer:
Understanding Business Statistics
ISBN: 978-1118145258
1st edition
Authors: Stacey Jones, Tim Bergquist, Ned Freed