Question: 4. Below is some hypothetical data that shows the Rating (an index of how many people watch the show) and Average Cost for a 30-second

4. Below is some hypothetical data that shows the Rating (an index of how many people watch the show) and Average Cost for a 30-second advertisement for a number of game shows: GAME SHOW Rating Average Cost for a 30 Second Ad ($) Is That Real Hair? 18.2 $55,000 Feng Shui Happy Booth 8.4 $20,000 Love Signals! 13.6 $26 000 How Many Worms? 11.9 $39,000 Spin the Bottle 9.0 $11,000 Wake that Possum! 22.6 $75,000 Sit on a Potato 3.5 $10,000 Name that Fruit! 2.1 $5,000 The $2.00 Question 4.6 $19,000 As before, conduct a full (five step) regressional analysis to answer this question: Within the sample data, is an increase in ratings associated with an increase the average cost for a 30-second ad? If so, how much? (5 points)

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