A magazine publishes restaurant ratings for various locations around the world. The magazine rates the restaurants for? food, d?ecor, ?service, and the cost per person. Develop a regression model to predict the cost per? person, based on a variable that represents the sum of the three ratings. The magazine has compiled the accompanying table of this summated ratings variable and the cost per person for 25 restaurants in a major city. Complete parts? (a) through? (e) below.Summated_Rating Cost_($_per_person)54 4168 4869 5965 5764 4160 4254 4364 4254 3349 3354 4151 3674 8365 5353 3751 3657 3245 2256 4355 4564 6264 5951 2772 4969 49

mating b. Assuming a linear relationship. use the least-squares method to compute the regression coefcients b0 and b1. (Round to two decimal places as needed.) c. Interpret the meaning of the Y-intercept. b0, and the slope, b1. Choose the correct answer below. 0 A. A practical interpretation of the Y-intercept b0 Is not meaningful because no operating restaurant is likely to have a ra O B. The Y-lntercept, b0, implies that if the summated rating of a restaurant ls zero, the cost per meal is equal to co, in do! 0 C. The Y-intercept, b0. implies that if the summated rating of a restaurant is zero, the cost per person is ha, in dollars. TI 0 D. The Ylntercept, b0, implies that If the summated rating of a restaurant is zero, the cost per meal is equal to be, in dol d. Predict the mean cost per person for a restaurant with a summated rating of 70. Yi = 5: per person (Round to the nearest cent as needed.) a. What should you tell the owner of a group of restaurants in this geographical area about the relationship between the summated rating and the cost of a meal? 0 A. As expected, the higher the summated rating of the restaurant, the less the restaurant can charge per meal. 0 B. As expected, the higher the summated rating of the restaurant. the higher the restaurant can charge per meal. 0 c. As expected, the summated rating of the restaurant is not associated with what the restaurant can charge per meal. 0 D. As expected, the lower the summated rating of the restaurant, the higherthe restaurant can charge per meal