In Problem 13.5 on page 493, you used the summated rating to predict the cost of a
Question:
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.
In Problem
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
Step by Step Answer:
Basic Business Statistics Concepts And Applications
ISBN: 9780134684840
14th Edition
Authors: Mark L. Berenson, David M. Levine, Kathryn A. Szabat, David F. Stephan