Question: Use the Regression tool on the accompanying wedding data, using the wedding cost as the dependent variable and attendance as the independent variable. Complete parts

Use the Regression tool on the accompanying wedding data, using the wedding cost as the dependent variable and attendance as the independent variable. Complete parts a through c.

Wedding Cost Attendance
60700 300
50000 350
47000 150
41000 200
34000 250
30500 150
29000 250
29000 300
28000 250
27000 200
26000 150
25000 200
24000 200
23000 200
22000 200
21000 200
21000 100
19000 150
19000 200
18000 150
18000 100
15000 100
14000 150
8000 50
3000 50

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!