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Happy Lodge Ski Resorts tries to forecast monthly attendance. The management has noticed a direct relationship between the average monthly temperature and attendance. a .

Happy Lodge Ski Resorts tries to forecast monthly attendance. The management has noticed a direct relationship between the average monthly temperature and attendance.
a. Given five months of average monthly temperatures and corresponding monthly attendance, compute a linear regression equation of the relationship between the two. (Round your
answer to 2 decimal places, e.g.15.25. For negative amounts use a negative sign preceding the number e.g.-45.)
Resort attendance =
(average temperature)
If next month's average temperature is forecast to be 45 degrees, use your linear regression equation to develop a forecast. (To achieve this answer do not round your interim
calculations. Round your answer to 1 decimal place, e.g.25.2.)
Resort attendance
thousand attendees.
b. Compute a correlation coefficient for the data and determine the strength of the linear relationship between average temperature and attendance. How good a predictor is
temperature for attendance? (Round your answer to 2 decimal places,e.g.25.22.)
The correlation coefficient is
It indicates that the average temperature
predictor of resort attendance. (Do not round your intermediate computations to answer this question.)
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