Question: Question 12 0.57pts The regression model is based on outside temperature and daily ice cream sales data at the local movie theater. SUMMARY OUTPUT Regression

Question 12

0.57pts

The regression model is based on outside temperature and daily ice cream sales data at the local movie theater.

SUMMARY OUTPUT

Regression Statistics

Multiple R

0.950511723

R Square

0.903472536

Adjusted R Square

0.891406603

Standard Error

3.5485219

Observations

10

ANOVA

df

SS

MS

F

Significance F

Regression

1

942.8639386

942.8639386

74.87797

2.4715E-05

Residual

8

100.7360614

12.59200768

Total

9

1043.6

Coefficients

Standard Error

t Stat

P-value

Lower 95%

Upper 95%

Intercept

1.229062

5.497668676

0.223560495

0.828702

-11.44858516

13.90670822

Temperature

0.545008

0.062983371

8.653205606

2.47E-05

0.399768144

0.69024797

What is the coefficient of determination?

Group of answer choices

0.903

0.890

0.107

0.097

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
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 Mathematics Questions!

Q:

The regression model is based on outside temperature and daily ice cream sales data at the local movie theater. Regression Statistics Multiple R 0.950511723 R Square 0.903472536 Adjusted R Square...

Q:

The regression model is based on outside temperature and daily ice cream sales data at the local movie theater. Is temperature significant at the 0.1 level? Regression Statistics Multiple R...

Q:

SUMMARY OUTPUT Regression Statistics Multiple R 0.256054 R Square 0.065564 Adjusted R 0.047594 Standard E 7.853492 Observatio 54 ANOVA df Regression Residual Total SS MS F Significance F 1 225.0306...

Q:

Pr1. Time Series. Written 20% Test Grade 0 The data in the table below represent the annual revenues(in billion of dollars) of McDonald's Corporation over the period from 1975 to 2012. A) Calculate a...

Q:

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...

Q:

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...

Q:

1. A company wants to forecast demand using the simple moving average. If the company uses four prior yearly sales values (i.e., year 2014 = 100, year 2015 = 120, year 2016 = 140, and year 2017 =...

Q:

Question 1 The economic rice stall in FoodClique uses disposable containers for take-aways. The stall operates throughout the year except 1 week each for CNY and Christmas and operates half day on...

Q:

Scenario/Summary Hopefully you will find this week's iLab activity fun and useful. We'll be exploring the world of statistics from a business perspective this week, allowing you to practice your...

Q:

Article:Petrisino, Anthony, et al.July 2000. "Well-Meaning Programs Can Have Harmful Effects! Lessons from Experiments of Programs Such as Scared Straight" Crime and Delinquency Vol. 46 No. 3 pp....

Q:

These summarized data are from the records of Greenhalgh Enterprises at the end of the fiscal year: Calculate the following: A. Activity ratios B. Liquidity ratios, assuming the weighted average...

Q:

A firm that operates a large, direct-to-consumer sales force would like to build a system to monitor the progress of new agents. The goal is to identify superstar agents as rapidly as possible, offer...

Q:

Jena is trying to decide which one of the following bonds she should purchase. All the bonds have the same maturity date and all have approximately the same level of risk. The general level of...

Q:

Large not for profit organization statement of activities should the net change for not assets thet are 20- functional expenses recorded in the general ledger of ABC a nongovernmental no for profit...