Question: A vacation resort has collected data on 150 resort guests to study their spending behavior. In particular, they are interested in whether their rewards program
A vacation resort has collected data on 150 resort guests to study their spending behavior. In particular, they are interested in whether their rewards program increases guest spending. Their data set includes the amount each guest spent during their 3-day stay, whether the guest traveled from out of state, number of children, number ofprevious stays, age, and whether the guest brought any pets or is a member of the resort's rewards program.
(A) a dummy variable for rewards program membership and run a simple linear regression model with this variable.Interpret your regression coefficient.
(B) Interpretthe ?R2? of your regression.
(C)A suitable dummy variables for the remaining non-numeric variable in the data set.a multiple regression model which includes all explanatory variables from the data file. Interpret all regression coefficients that are significant at the 5% level.
(D)Which model would you choose? Explain.
(E) You also suspect that the effect of the rewards membership on guest purchases depends on whether or not the guest travels from out of state. a suitable interaction variable and add it to your model from part (C). Interpret the coefficient of the interaction variable.





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H H A O W N W O D O O O M O O NOON OOO VOH 38 Nc No $1,375 35 No No $1,46 40 No No $1,188 28 Yes Yes $1,595 24 N No $1,342 27 No Yes $1,925 33 Ye No $1,18 62 N No $1,49 F O O O H O O O O H O H H O O H O O H O O H H O O O H O ONHONHOOHHNWOWNNOHWAOHHNT 1 No No $1,29 34 No Vo $1,179 37 No No $1,377 37 No No $1,373 58 No No $1,52 33 No Yes $1,859 27 No Yes $1,738 30 N No $1,188 7 No No $1,302 44 N No $1,434 29 N No $1,30 6 No No $1,298 28 Ye No $1,551 15 NO No $1,254 33 Ye No $1,529 24 Yes No $1,35 27 Y No $1,298 50 No No $1,857 18 No No $1,65 40 N No $1,49 33 N No $1,45 35 N Vo $1,265 44 N No $1,558 13 Ye No $1,36 46 N No $1,70 2 No No $1,509 7 No No $1,540 1 572 Dat - + 100% OCT 125 4 SE P W X XLSX DocsExcel File Edit View Insert Format Tools Data Window Help $ ) 52% Sun Oct 25 10:30:31 PM Q AutoSave OFF dataaa Home Insert Draw Page Layout Formulas Data Review View Tell me Share Comments Calibri (Body) v 11 A A E e Wrap Text v General Insert v Delete v Paste DVAv $ ~ % " Conditional Format Cell Ideas Merge & Center v Sensitivity Format ) v Sort & Find & Formatting as Table Styles Filter Select 13 X fx D E F G H 1 J K L M N 0 P Q R S T U V W X Z AA A B C 36 36 38 D O O O HOOOOOOHOHHHHOHHOOOOC $1,509 37 39 NW ONH HOONAWOHHNNNHOOWNHOONHOOHOWNHO o NO 42 No No 47 No No $1,540 25 No Yes $1,522 30 No No $1,25 40 No No $1,298 26 Yes No $1,683 32 No No $1,505 1 0 H U P O D - H O W O O O O O O H O O O W O O O O W O HO 51 No No $2,057 35 No Yes $1,69 37 No No $1,452 44 No Yes $1,99 53 No $1,707 40 No No $1,316 51 Yes No $1,373 No No $1,496 No $1,34 No $1,562 Yes $1,496 31 No No $1,280 N No $1,30 17 No No $1,285 37 N Yes $1,31 No $1,474 OH OH OOHH HOOKOC 55 No No $1,496 39 No No $1,30 No $1,496 37 No $1,639 30 Yes No $1,452 26 No No $1,258 41 No Yes $1,584 34 No Yes $1,64 Yes No $1,316 53 No No $1,386 32 N Yes $1,822 44 No No $1,44 25 Yes No $1,47 31 No No $1,408 $1 265 Dat + -O + 100% OCT 125 4 SE P W X XLSX DocsExcel File Edit View Insert Format Tools Data Window Help N X ) 52% Sun Oct 25 10:30:36 PM Q AutoSave OFF dataaa Share Comments Home Insert Draw Page Layout Formulas Data Review View Tell me Insert v Calibri (Body) v 11 A A E e Wrap Text v General Ex Delete v Ideas Sensitivity Paste DVAv Merge & Center v $ ~ % " 00 -20 Conditional Format Cell Formatting as Table Styles Format ) v Sort & Find & Filter Select 13 X fx 1 K L M N 0 P Q R S T U V w X Y Z AA A B C D E F G H 72 71 JON 31 No No $1,40 73 50 No No $1,355 74 47 N Yes $1,848 75 $1,727 76 O OHH H OOH OH HOHOHOOOH OU NHAHOOONHONENOOHHOONWHWAHHOONHE 5 . . 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