Question: Answer Sections (b) , (c) , and (e) See attached picture WebSiteHits PNG for data Choose the dependent variable (the response variable to be explained)
Answer Sections (b), (c), and (e)
See attached picture WebSiteHits PNG for data
Choose the dependent variable (theresponse variableto be "explained") and the independent variable (thepredictororexplanatory variable).
(a-1)Dependent Variable
Answer - Weekly Revenue
(a-2)Independent Variable
Answer - Weekly Revenue
(b)Obtain the regression equation.(Negative values should be indicated by a minus sign. Round your answers to 4 decimal places.)
Y= ? X+ ?
(c)CalculateR2.(Round your answer to 4 decimal places.)
R2 = ?
(d-1)Zero is contained in the 95% confidence interval.
- Yes
(d-2)The slope is different from zero.
- No
(e)Calculate the degrees of freedom and t-critical fora two-tailed t test for zero slope at ? = .05.(Round your answers to 2 decimal places.)
Degrees of freedom = ?
t -critical = ?
(f-1)Smallp-values tell us the null hypothesis is false.
- Yes
(f-2)The sample provides significant evidence that the slope is positive.
- No

Restaurant Revenue and Website Hits [n = 15 restaurants) Web Hits Revenue 1213 $12,113 1435 11,453 1355 14,5?3 1455 11,555 1253 12,355 1532 12,325 1323 13,225 1555 13,552 1535 13,533 15?5 13,535 Meier Data are for one week
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