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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 decimal places, eg For negative amounts use a negative sign preceding the number eg
Resort attendance
average temperature
If next month's average temperature is forecast to be degrees, use your linear regression equation to develop a forecast. To achieve this answer do not round your interim
calculations. Round your answer to decimal place, eg
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 decimal places,eg
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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