Question: HW 5 (50 pts) - Please complete all work in excel. Use excel to make any necessary calculations and be sure to identify your answer,

HW 5 (50 pts) - Please complete all work in excel. Use excel to make any necessary calculations and be sure to identify your answer, including units (if necessary). 88 1. Main Street is trying to determine future demand for their event in order to help with staffing decisions. Main street thinks that demand could be related to temperature in Fahrenheit. Below is the most recent data from the last two weeks. Event Attendance Temperature (F) 1500 1200 81 1250 80 1300 87 1750 91 1700 97 2000 98 1800 86 1650 87 1400 82 1200 81 900 79 1300 86 1200 92 What is the regression equation? (5 pts) b. Use the equation to forecast event attendance if temperature is 86F. (10 pts) c. Is the model statistically significant at the 0.05 level? (5 pts) d. How much is the variability in event attendance determined by temperature (F)? (10 pts)

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