\f\fEaten-imam! (S) 180 - 120- - -o 80 Q) 100 110 120 130 I40 150 160 170 Ho 1 Room Rate (S) b. What does the scatter diagram developed in part (a) indicate about the relationship between the two variables? The scatter diagram indicates a linear relationship between the hotel room rate and the amount spent on entertainment. c. Develop the least squares estimated regression equation. Entertainment = C] + :] 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 C]. 50, for every dollar in the hotel room rate the amount spent on entertainment increases by $C]. A B C D E F G H I J K L M Hotel Room Rate Entertainment City ($) ($) Part a. Use the area below to draw a scatter diagram. Boston 146 162 Denver 95 106 Nashville 88 99 New Orleans 114 142 Phoenix 93 99 San Diego 104 120 San Francisco 132 166 San Jose 91 138 Tampa 82 100 Part c. Formula Slope #N/A Intercept #N/A Part e. Room Rate in Chicago 128 Entertainment Expense for Chicago #N/A