Question: Regression analysis was performed on the Weddings data to determine a model for predicting cost as a function of attendance. Use the accompanying results on

Regression analysis was performed on the Weddings data to determine a model for predicting cost as a function of attendance. Use the accompanying results on the data to analyze the residuals to determine if the assumptions underlying the regression analysis are valid. In addition, use the standard residuals to determine if any possible outliers exist. Regression Statistics Multiple R 0.734 R Square 0.539 Standard Error 9485.870 Observations 25 ANOVA df SS MS F Significance F Regression 1 2417126407.485 2417126407.485 26.86 0.000 Residual 23 2069579992.515 89981738.805 Total 24 4486706400.000 Coefficients Standard Error t Stat P-value Intercept 938.712 5138.271 0.18 0.572 Attendance 134.507 25.952 5.18 0.000

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