Question: (a) Based on the REGRESSION 1 output, how confident can you be that a team that spends one hundred and forty million dollars will see

(a) Based on the REGRESSION 1 output, how confident can you be that a team that spends one hundred and forty million dollars will see an increase in attendance larger than 406,900 spectators? (3 points) Forecast - 20, 522 5+ ErrForecast = 213,711 K- 406, 900 - - 20, 522 = 427 , 422 , 50 2 S.E away 95%% Increase of more them 2 SE => 25 % Confident - 2 2

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