aummthHomwNmmthl-Io e Multinational Parks is interested in determining the variables that influence the amount of money families spend at their parks. e ParkSpend table to
aummthHomwNmmthl-Io e "Multinational Parks" is interested in determining the variables that influence the amount of money families spend at their parks. e "ParkSpend" table to the right indicate the amount spent per family, the number of family members, and the distance from the park families live. 1 Run regression analysis using Excel to determine the variable(s) that significantly influence the amount of money families spend at the parks. Note: use a 95% confidence level. bl Which variablelsl significantly affect(s} spending at parks? Explain. 1 What is the amount of variation that the number of family members and distance from the parks? Explain. - 1 Is the regression model significant? Explain. -} Based on the Excel output, what is the regression equation? } Based on the regression equiation, estimate the amount of spending a family of E that lives 28 kilometres from the parks is expected to spend. howyour work
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