A ski resort asked a random sample of guests to rate their satisfaction on various attributes of
Question:
A ski resort asked a random sample of guests to rate their satisfaction on various attributes of their visit on a scale of 1–5 with 1 = very unsatisfied and 5 = very satisfied. The estimated regression model was Y = overall satisfaction score, X1 = lift line wait, X2 = amount of ski trail grooming, X3 = safety patrol visibility, and X4 = friendliness of guest services.
(a) Write the fitted regression equation.
(b) Interpret each coefficient.
(c) Would the intercept seem to have meaning in this regression?
(d) Make a prediction for Overall Satisfaction when a guest’s satisfaction in all four areas is rated a 5.
Predictor Coefficient
Intercept....................................................2.8931
LiftWait......................................................0.1542
AmountGroomed.....................................0.2495
SkiPatrolVisibility......................................0.0539
FriendlinessHosts..................................−0.1196
Step by Step Answer:
Essential Statistics In Business And Economics
ISBN: 9781260239508
3rd Edition
Authors: David Doane, Lori Seward