Question: The following model is based on data about outside temperature and cold drink sales at FAU Stadium during football season. What percent of the variability

The following model is based on data about outside temperature and cold drink sales at FAU Stadium during football season. What percent of the variability in the number cold drinks sold can be attributed to temperature?

Multiple R 0.92358162 R Square 0.853003008 Adjusted R Square Standard Error ANOVA Observations 10 0.834628384 Residual 4.379013311 Total Regression 1 df 8 9 Intercept 29.7333 SS Temperature 3.28485 MS 153.4060606 19.1756 1043.6 Coefficients Standard Error t Stat 890.1939394 890.1939 46.4228824 0.000135949 F 2.991435587 9.939486 P-value Significance F 8.88152E- 06 Lower 95% Upper 95% 22.83507051 36.63159616 0.482113498 6.813434 0.0001359 2.173092765 4.396604204

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

The detailed answer for the above question is provided below The coefficient of ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

You had the opportunity to determine the variability in employee satisfaction for a sample of 12 employees (N=12) from a particular company. The following data were given:X= 30,X 2= 350. Possible...

"I'm not sure we should lay out $300,000 for that automated welding machine," said Jim Alder, president of the Superior Equipment Company. "That's a lot of money, and it would cost us $84,000 for...

The accompanying data was extracted from the article "Effects of Cold and Warm Temperatures on Springback of Aluminum-Magnesium Alloy 5083- H111" (J. of Engr. Manuf., 2009: 427-431). The response...

The following model is based on data about outside temperature and cold drink sales at FAU Stadium during football season. SUMMARY OUTPUT Regression Statistics Multiple R 0.92358162 R Square...

The following model is based on data about outside temperature and cold drink sales at FAU Stadium during football season. Regression Statistics Multiple R 0.92358162 R Square 0.853003008 Adjusted R...

The following model is based on data about outside temperature and cold drink sales at FAU Stadium during football season. Regression Statistics Multiple R 0.92358162 R Square .853003008 Adjusted R...

Question 8 0.57pts The following model is based on data about outside temperature and cold drink sales at FAU Stadium during football season. SUMMARY OUTPUT Regression Statistics Multiple R...

The following model is based on data about outside temperature and cold drink sales at FAU Stadium during football season. SUMMARY OUTPUT Regression Statistics Multiple R 092358162 R Square...

Question 6 0.57pts The following model is based on data about outside temperature and cold drink sales at FAU Stadium during football season. SUMMARY OUTPUT Regression Statistics Multiple R...

A contractor has a CGL policy that provides $100,000 per occurrence limit. The contractor is trying to determine what type of following-form excess liability policy to purchase as follows: specific...

If appropriate, create a 98% interval estimate to predict the test score of a student with an overall average mark of 75, based on the data set describe in Exercise 20. Do you think the company...

There are many reasons to avoid accumulating inventory where possible.

Iodine is being extracted from 200 mL water using 50 mL CCl4. The partition coefficient for I2 being extracted from water into CCl4 is 85. i.Calculate the extraction efficiency when the CCl4 is used...

Want a brief explanation Write down four main characteristics of angiosperms.

Want a brief explanation Give Reasons Why whales are not grouped in the fishes?

Use the Laplace transform to solve the given initial-value problem. y' y = 2 cos(3t), y(0) = 0.

When creating market segments, the primary basis for grouping customers should be their:Geographic location.Observable describtors lize age and income.Past parchase kistory with the firm.Needs and...

Casual Construction Corporation (CCC) earned $60,000,000 during 2012. The firm expects to earn $63,000,000 during 2013, in line with its long-term earnings growth rate. There are 20 million CCC...

What information (explicit and implicit) can be derived from financial statement analysis? Does the standardization required by GAAP add greater validity to comparisons of financial data between...

What is a Eurobond? Why did these bonds come into existence? Why do Eurobond investors like the fact that these are typically bearer bonds? What risk does an investor run from holding bearer bonds...

Working women in the United States earn only three-quarters of what men earn. Consider each of the following explanations for this statistic, and say whether each could be true or must not be true in...

Suppose there is an economy where 80 percent of people earn more than their parents and 40 percent end up in a different income quintile than their parents. What measure of the income distribution...

Table 20P-5 shows an economys GDP, population, debt, and GDP per capita for 2013 and 2014. a. Complete the table by filling in the debt per capita for both years. b. What is the percentage change...