In Problem 13.5 on page 493, you used the summated rating to predict the cost of a

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In Problem 13.5 on page 493, you used the summated rating to predict the cost of a restaurant meal. Perform a residual analysis for these data (stored in Restaurants). Evaluate whether the assumptions of regression have been seriously violated.

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Zagat’s publishes restaurant ratings for various locations in the United States. The file Restaurants contains the Zagat rating for food, décor, service, and the cost per person for a sample of 100 restaurants located in the center of New York City and in an outlying area of New York City. Develop a regression model to predict the cost per person, based on a variable that represents the sum of the ratings for food, décor, and service.

Source: Extracted from Zagat Survey 2016, New York City

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Basic Business Statistics Concepts And Applications

ISBN: 9780134684840

14th Edition

Authors: Mark L. Berenson, David M. Levine, Kathryn A. Szabat, David F. Stephan

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