Question: The following data provides the monthly Comcast cable bill for a random sample of 20 households along with the number of televisions in the household
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A. Develop a regression equation that will predict the monthly Comcast cable bill for a household based on the number of televisions in the household, the number of people living in the household, and the number of years that household has been a Comcast customer.
B. Construct a 95% confidence interval to estimate the average monthly cable bill for a household that has three televisions, has four people in the household, and has been a Comcast customer for 10 years.
C. Show the calculations for the multiple coefficient of determination for the Comcast cable bill model and interpret its meaning.
Bill TV $56 1 $59 3 $67 3 $75 2 $76 4 $82 1 $84 3 $84 1 $84 4 $90 2 $91 3 $100 2 $100 2 $102 4 $104 3 $104 3 $112 4 $114 4 $130 5 $135 5 People Years 10
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SUMMARY OUTPUT Regression Equation Y 5381 8361TV 6339people 1861Years Regre... View full answer
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