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
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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
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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
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