Question: Please use the questions listed below as a guide to the answer I am looking for. These questions are in relation to the included screenshot
Please use the questions listed below as a guide to the answer I am looking for. These questions are in relation to the included screenshot which is an output table for the REGRESSION MODEL used to predict DAILY HOTEL CHECK-INS.
Below is the output table for the regression model used to predict daily check ins. Don't be intimidated by the size of the output. Even though there are a lot of variables, the process for analyzing this output is the same as it was when we had two or three independent variables. SUMMARY OUTPUT Dependent Variable Checkins Regression Staticlice Multiple R 0.6456 R Square 0.4180 Adjusted R Square 0.3234 Standard Error 916.70 Observations 1,309 ANOVA SG F Regression 8.106+07 2406+06 23.97 0,0000 Residual 1,270 1.278+09 1.006+06 Total 1.300 2.10C+0 Coefficients Standard Bro Stat P-value Lower 95% Upper 85% (Intercept] 163.90 67.0 0.3286 481.52 162.74 PayDay 98.6 35.91 0.0072 26 22 167.14 Now Yours -648.04 192.20 1,026 22 271.67 MartinLutherking 062.09 160.50 0.0000 547.06 1,177.13 SuperBowl -679.67 4.11 1,004 06 365.29 Valentines Day 449.81 161.87 2.74 0.0083 781.28 125.85 ChineseNew Year 175.61 63.78 2.76 0.0058 50.87 300.85 ProsidontsDay 1,203.04 161.74 1,021.26 Easter -234.83 170.2 1.30 0.1678 -586.90 29.13 PRAsover 4,74 58,81 D.OR 1.9856 -120.11 110.63 Mathers Day 160.B 0.12 0.8014 296.76 985.82 Memorial Day 225.60 161.07 0.1616 -80.40 541.5 FathersDay -86.78 D.41 65 LBE 260.07 July4th -339.44 160.77 2.11 0.0356 -853.85 -20.02 LaborDay 18.67 188.27 0.8287 -348.76 182.1 RoshHashanah a.De 104.3 272 0.4712 134.44 200.B2 Yomkippur -113.36 30.20 0.87 0.3044 142.23 ColumbusDay -47.59 185.08 D.26 0.7971 -410.86 315.4 Halloween -201.67 183.6 1.84 0.1006 -681.87 58.62 VeteransDay 58.98 83.78 131 D.7506 -303.59 117.56 Thanksgiving 79.32 143 D.6702 280 04 444.08 Chanukah -38.42 64.25 0.57 0.5708 39.82 Christmas -308.68 188,71 1.84 0, 1022 81,58 Sunday 561.72 35.77 15.70 0.0000 481.56 691.69 Monday 260.05 41.33 106.97 389.13 Tuesday 42.27 2.20 0.0321 1396 179.67 Wednesday 145.22 41.30 3.52 0.00 06 84.20 228.24 Thursday 37.87 7.04 0.0900 182.31 340.80 Friday 604.89 32.05 0.0000 640 24 609.64 2010 140.75 30.49 3.06 0.0001 73.23 2017 190.28 38.41 123 92 274.64 2012 224.26 29.01 7.73 0.0600 281.17 TotalRewards 0.29 0,07 1.05 0,0001 0.15 0,13 SpacialEvent 0.19 0.07 0.0002 0.34 0.17 0.09 1.77 0.0777 0.35 0.02 Freeindependent 0,40 0,08 0.0900 0.28 0.52 0.12 0.10 1.12 0.2618 0.32 Toup 0.26 0.05 5.73 0.0000 017 0.35 0.42 0.20 -2.08 0.0879 -0.81 0.02Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
