1. A restaurant owner developed a survey to assess whether there was a predictive linear relationship...

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1. A restaurant owner developed a survey to assess whether there was a predictive linear relationship between the quality rating of a restaurant and the cost of a meal. After analyzing the Excel file, the following simple linear regression equation emerged. = b + bx = = -46.77 + 1.50x a. Interpret the meaning of the Y intercept of this equation. b. Interpret the meaning of the slope given this problem. What impact does it have on the X? c. Predict the value of Y if X = 2. =| 1. A restaurant owner developed a survey to assess whether there was a predictive linear relationship between the quality rating of a restaurant and the cost of a meal. After analyzing the Excel file, the following simple linear regression equation emerged. = b + bx = = -46.77 + 1.50x a. Interpret the meaning of the Y intercept of this equation. b. Interpret the meaning of the slope given this problem. What impact does it have on the X? c. Predict the value of Y if X = 2. =|