Question: 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

 The following model is based on data about outside temperature and

The following model is based on data about outside temperature and cold drink sales at FAU Stadium during football season.

Regression Statistics

cold drink sales at FAU Stadium during football season. Regression Statistics Multiple

Multiple R 0.92358162 R Square .853003008 Adjusted R Square 0.834628384 Standard Error 4.379013311 Observations 10 ANOVA df SS MS F Significance F Regression 1 890.1939394 890.1939 46.4228824 0.000135949 Residual 8 153.4060606 19.1756 Total 9 1043.6 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Intercept 29.7333 2.991435587 9.939486 8.88152E- 06 22.83507051 36.63159616 Temperature 3.28485 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 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 Finance Questions!