{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-26T03:16:01-04:00", "answer_date": "2024-05-26 03:16:01", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1722960", "url": "\/study-help\/questions\/b-what-does-the-scatter-diagram-developed-in-part-a-1722960", "question_creation_date_js": "2024-05-26T03:16:01-04:00", "question_creation_date": "May 26, 2024 03:16 AM", "meta_title": "[Solved] b. What does the scatter diagram develope | SolutionInn", "meta_description": "Answer of - b. What does the scatter diagram developed in part (a) indicate about the relationship between the two variables? The | SolutionInn", "meta_keywords": "scatter,diagram,developed,part,relationship,two,variables,positive,entertainment,linear,hotel,room", "question_title_h1": " b. What does the scatter diagram developed in part (a) indicate about the relationship between the two variables? The scatter diagram indicates a positive", "question_title": " b. What does the scatter diagram developed in part (a) indicate", "question_title_for_js_snippet": "b What does the scatter diagram developed in part (a) indicate about the relationship between the two variables The scatter diagram indicates a positive entertainment linear relationship between the hotel room rate and the amount spent on c Develop the least squares estimated regression equation Entertainment 1 0222 18 4468 Room Rate (to 4 decimals) d Provide an interpretation for the slope of the estimated regression equation (to 3 decimals) The slope of the estimated regression line is approximately 1 022 the amount spent on entertainment increases by $1 022 So, for every dollar increase in the hotel room rate e The average room rate in Chicago is $128, considerably higher than the U S average Predict the entertainment expense per day for Chicago (to whole number) $ 149 Hotel Room Rate Entertainment 18 19 20 21 22 02 123456789DF2EASLA BR8528 City ($) Part a Use the area below to draw a scatter diagram Boston 149 161 Denver 99 104 Nashville 91 102 New Orleans 112 140 Phoenix 89 98 San Diego 98 119 San Francisco 133 167 San Jose 10 Tampa 11 88 142 86 99 Part c Slope Intercent E Part c Slope Intercept F G H Part e Room Rate in Chicago Entertainment Expense for Chicago 128 Formula AN A N A N A K", "question_description": "\"image\"image\"image", "transcribed_text": "b. What does the scatter diagram developed in part (a) indicate about the relationship between the two variables? The scatter diagram indicates a positive entertainment. linear relationship between the hotel room rate and the amount spent on c. Develop the least squares estimated regression equation. Entertainment 1.0222 +18.4468 Room Rate (to 4 decimals) d. Provide an interpretation for the slope of the estimated regression equation (to 3 decimals). The slope of the estimated regression line is approximately [1.022 the amount spent on entertainment increases by $1.022 So, for every dollar increase in the hotel room rate e. The average room rate in Chicago is $128, considerably higher than the U.S. average. Predict the entertainment expense per day for Chicago (to whole number). $ 149 Hotel Room Rate Entertainment 18 19 20 21 22 02 123456789DF2EASLA BR8528 City ($) Part a. Use the area below to draw a scatter diagram. Boston 149 161 Denver 99 104 Nashville 91 102 New Orleans 112 140 Phoenix 89 98 San Diego 98 119 San Francisco 133 167 San Jose 10 Tampa 11 88 142 86 99 Part c. Slope Intercent E Part c. Slope Intercept F G H Part e. Room Rate in Chicago Entertainment Expense for Chicago 128 Formula AN\/A #N\/A #N\/A K", "related_book": { "title": "Essentials Of Statistics For Business And Economics", "isbn": "1305081595, 978-1305081598", "edition": "7th Edition", "authors": "David Anderson, Thomas Williams, Dennis Sweeney, Jeffrey Cam", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/404.jpg", "uri": "\/textbooks\/essentials-of-statistics-for-business-and-economics-7th-edition-404", "see_more_uri": "\/textbooks\/business-applied-statistics-3386" }, "free_related_book": { "isbn": "0071320555", "uri": "\/textbooks\/human-resource-management-gaining-a-competitive-advantage-1st-edition-9780071320559-94980", "name": "Human Resource Management Gaining A Competitive Advantage", "edition": "1st Edition" }, "question_posted": "2024-05-26 03:16:01", "see_more_questions_link": "\/study-help\/questions\/business-economics-2023-September-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/according-to-a-study-performed-by-the-ncaa-the-average", "description": "According to a study performed by the NCAA, the average rate of injuries occurring in collegiate womens soccer is 8.6 per 1000 participants (www.fastsports.com\/tips\/tip12\/). a. 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