Ticket prices, part 3. Using the regression table in Exercise 14, answer the following questions. a) How

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Ticket prices, part 3.

Using the regression table in Exercise 14, answer the following questions.

a) How was the t-ratio of 126.7 found for Paid Attendance?

(Show what is computed using numbers found in the table.)

b) How many weeks are included in this regression? How can you tell?

c) The t-ratio for the intercept is negative. What does that mean?

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Business Statistics

ISBN: 9780321716095

2nd Edition

Authors: Norean D. Sharpe, Paul F. Velleman, David Bock, Norean Radke Sharpe

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