Question: A local ice cream parlor wants to determine whether the temperature has an effect on its business. The following table contains data on the temperature
A local ice cream parlor wants to determine whether the temperature has an effect on its business. The following table contains data on the temperature at 7PM on 10 rain-free weekend days during the summer and the number of customers served by this ice cream parlor.
.png)
a. With temperature as an independent variable and number of customers as a dependent variable, compute SSxx, SSyy, and SSxy.
b. Construct a scatter diagram for these data. Does the scatter diagram exhibit a positive linear relationship between temperature and the number of customers served?
c. Find the regression equation Å· = a + bx
d. Give a brief interpretation of the values of a and b calculated in part c.
e. Compute the correlation coefficient r.
f. Predict the number of customers served on a rain-free weekend summer day when the temperature is 73
F. Returning to part b, how reliable do you think this prediction will be? Explain.
Temperature () |68 63 74 72 79 78 71 71 69 66 Customers served317 355 463 419 507 482 433 388 362 340
Step by Step Solution
3.41 Rating (160 Votes )
There are 3 Steps involved in it
a Let x temperature and y number of customers n 10 x 711 y 4066 x 2 50777 y 2 1690494 xy 291709 xn 7... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
492-M-S-L-R (3711).docx
120 KBs Word File
