Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A statistical program is recommended. The Cond Nast Traveler Gold List for 2012 provided ratings for the top 20 small cruise ships. The data shown

A statistical program is recommended. The Cond Nast Traveler Gold List for 2012 provided ratings for the top 20 small cruise ships. The data shown below are the scores each ship received based upon the results from Cond Nast Traveler's Annual Readers' Choice Survey. Each score represents the percentage of respondents who rated a ship as excellent or very good on several criteria, including Itineraries/Schedule, Shore Excursions, and Food/Dining. An overall score was also reported and used to rank the

Ship Overall Itineraries/ Schedule Shore Excursions Food/ Dining
Seabourn Odyssey 94.4 94.6 90.9 97.8
Seabourn Pride 93.0 96.7 84.2 96.7
National Geographic Endeavor 92.9 100.0 100.0 88.5
Seabourn Sojourn 91.3 88.6 94.8 97.1
Paul Gauguin 90.5 95.1 87.9 91.2
Seabourn Legend 90.3 92.5 82.1 98.8
Seabourn Spirit 90.2 96.0 86.3 92.0
Silver Explorer 89.9 92.6 92.6 88.9
Silver Spirit 89.4 94.7 85.9 90.8
Seven Seas Navigator 89.2 90.6 83.3 90.5
Silver Whisperer 89.2 90.9 82.0 88.6
National Geographic Explorer 89.1 93.1 93.1 89.7
Silver Cloud 88.7 92.6 78.3 91.3
Celebrity Xpedition 87.2 93.1 91.7 73.6
Silver Shadow 87.2 91.0 75.0 89.7
Silver Wind 86.6 94.4 78.1 91.6
SeaDream II 86.2 95.5 77.4 90.9
Wind Star 86.1 94.9 76.5 91.5
Wind Surf 86.1 92.1 72.3 89.3
Wind Spirit 85.2 93.5 77.4 91.9

(a)

Determine the estimated regression equation that can be used to predict the overall score given the scores for Itineraries/Schedule, Shore Excursions, and Food/Dining. (Let x1 represent Itineraries/Schedule, x2 represent Shore Excursion, x3 represent Food/Dining, and y represent Overall score. Round your constant term to one decimal place and coefficients to two decimal places.)

=

(b)

Use the F test to determine the overall significance of the relationship.

State the null and alternative hypotheses.

H0: 1 = 2 = 3 = 0 Ha: All the parameters are not equal to zero.H0: 0 = 0 Ha: 0 0 H0: 1 = 2 = 3 = 0 Ha: One or more of the parameters is not equal to zero.H0: One or more of the parameters is not equal to zero. Ha: 1 = 2 = 3 = 0H0: 0 0 Ha: 0 = 0

Find the value of the test statistic. (Round your answer to two decimal places.)

Find the p-value. (Round your answer to three decimal places.)

p-value =

What is your conclusion at the 0.05 level of significance?

Reject H0. There is sufficient evidence to conclude that there is a significant relationship among the variables.Do not reject H0. There is insufficient evidence to conclude that there is a significant relationship among the variables. Do not reject H0. There is sufficient evidence to conclude that there is a significant relationship among the variables.Reject H0. There is insufficient evidence to conclude that there is a significant relationship among the variables.

(c)

Use the t test to determine the significance of each independent variable.

State the null and alternative hypotheses for Itineraries/Schedule.

H0: 1 = 0 Ha: 1 > 0H0: 1 0 Ha: 1 > 0 H0: 1 0 Ha: 1 = 0H0: 1 = 0 Ha: 1 0H0: 1 0 Ha: 1 < 0

Find the value of the test statistic. (Round your answer to two decimal places.)

Find the p-value. (Round your answer to three decimal places.)

p-value =

What is your conclusion at the 0.05 level of significance?

Reject H0. There is sufficient evidence to conclude that Itineraries/Schedule is a significant factor.Reject H0. There is insufficient evidence to conclude that Itineraries/Schedule is a significant factor. Do not reject H0. There is sufficient evidence to conclude that Itineraries/Schedule is a significant factor.Do not reject H0. There is insufficient evidence to conclude that Itineraries/Schedule is a significant factor.

State the null and alternative hypotheses for Shore Excursions.

H0: 2 0 Ha: 2 > 0H0: 2 0 Ha: 2 < 0 H0: 2 = 0 Ha: 2 > 0H0: 2 0 Ha: 2 = 0H0: 2 = 0 Ha: 2 0

Find the value of the test statistic. (Round your answer to two decimal places.)

Find the p-value. (Round your answer to three decimal places.)

p-value =

What is your conclusion at the 0.05 level of significance?

Reject H0. There is insufficient evidence to conclude that Shore Excursions is a significant factor.Do not reject H0. There is sufficient evidence to conclude that Shore Excursions is a significant factor. Reject H0. There is sufficient evidence to conclude that Shore Excursions is a significant factor.Do not reject H0. There is insufficient evidence to conclude that Shore Excursions is a significant factor.

State the null and alternative hypotheses for Food/Dining.

H0: 3 0 Ha: 3 > 0H0: 3 = 0 Ha: 3 0 H0: 3 = 0 Ha: 3 > 0H0: 3 0 Ha: 3 = 0H0: 3 0 Ha: 3 < 0

Find the value of the test statistic. (Round your answer to two decimal places.)

Find the p-value. (Round your answer to three decimal places.)

p-value =

What is your conclusion at the 0.05 level of significance?

Do not reject H0. There is insufficient evidence to conclude that Food/Dining is a significant factor.Reject H0. There is insufficient evidence to conclude that Food/Dining is a significant factor. Do not reject H0. There is sufficient evidence to conclude that Food/Dining is a significant factor.Reject H0. There is sufficient evidence to conclude that Food/Dining is a significant factor.

(d)

Remove any independent variable that is not significant from the estimated regression equation. What is the resulting estimated regression equation? (Let x1 represent Itineraries/Schedule, x2 represent Shore Excursion, x3 represent Food/Dining, and y represent Overall score. Round your constant term to one decimal place and coefficients to two decimal places.)

=

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Project management

Authors: Harvey maylor

4th Edition

027370432X, 978-0273704324

More Books

Students also viewed these General Management questions