Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Run a multiple regression with the data below. The coefficient on BachDeg% is _______ and ______ significant Answer choices: a. 8.6604, is b. .0933, is

Run a multiple regression with the data below. The coefficient on BachDeg% is _______ and ______ significant Answer choices: a. 8.6604, is b. .0933, is not c. 5.66, is not

Noodles & Company Data (n = 74, k = 5)
Within 3 Miles of Restaurant
Annual Sales Per Square Foot Interior Seat Count Patio Seat Count Median HH Income Median Age of Population % with Bachelor's Degree
Obs Sales/SqFt Seats-Inside Seats-Patio MedIncome MedAge BachDeg%
1 702 66 18 45.2 34.4 31
2 210 69 16 51.9 41.2 20
3 365 67 10 51.4 40.3 24
4 443 70 4 66.1 35.4 29
5 399 78 0 51.0 31.5 18
6 265 62 28 41.6 36.3 30
7 572 70 28 44.2 35.1 14
8 642 84 29 51.0 37.6 33
9 461 68 22 72.8 34.9 28
10 639 60 42 79.1 34.8 29
11 484 80 36 78.5 36.2 39
12 581 64 32 41.2 32.2 23
13 268 80 22 33.0 30.9 22
14 573 88 78 91.0 37.7 37
15 586 42 35 38.0 34.3 24
16 369 68 32 45.2 32.4 17
17 351 80 48 79.3 32.1 37
18 458 84 32 37.3 31.4 22
19 987 35 27 46.2 30.4 36
20 357 84 24 70.0 33.9 34
21 406 78 16 55.0 35.6 26
22 681 80 39 54.9 35.9 20
23 368 70 70 34.1 33.6 20
24 304 76 33 46.6 37.9 26
25 394 56 12 51.9 40.6 21
26 562 65 32 88.2 37.7 37
27 495 62 0 89.0 36.4 34
28 310 66 20 114.4 40.9 34
29 373 76 24 75.4 35.0 30
30 236 92 36 48.2 26.4 16
31 413 112 34 50.0 37.1 28
32 625 66 15 46.0 30.3 36
33 274 70 28 45.7 31.3 18
34 543 60 15 43.8 29.6 36
35 179 86 10 68.7 32.9 18
36 375 76 0 65.2 40.7 24
37 329 68 16 39.3 29.3 22
38 297 64 0 63.7 37.3 29
39 323 52 36 67.1 39.8 25
40 469 78 26 75.2 33.9 28
41 353 64 28 93.9 35.0 40
42 380 82 32 79.7 35.0 39
43 398 86 30 77.1 35.9 30
44 312 92 16 52.8 33.0 17
45 452 72 10 32.9 30.9 22
46 699 90 24 87.9 38.5 29
47 367 64 20 73.8 40.5 19
48 432 80 20 85.4 32.1 29
49 367 102 30 39.2 34.8 18
50 401 70 26 56.1 38.0 19
51 414 62 26 77.4 37.0 34
52 481 68 20 56.8 34.7 25
53 538 74 24 80.5 36.4 30
54 330 84 14 55.6 36.8 21
55 250 70 32 78.0 32.2 30
56 292 96 32 75.3 34.8 30
57 517 70 22 76.4 36.7 28
58 552 76 32 61.9 33.8 31
59 387 62 28 61.3 34.2 16
60 427 92 23 72.0 39.0 31
61 454 60 20 92.4 34.9 40
62 512 54 15 92.6 39.3 33
63 345 110 23 59.6 35.6 28
64 234 78 0 72.5 36.0 23
65 348 72 31 67.9 41.1 16
66 348 74 29 42.6 24.7 25
67 295 94 0 75.7 40.5 25
68 361 80 16 39.7 32.9 18
69 468 124 0 48.0 30.3 15
70 404 46 20 67.4 36.2 19
71 246 66 0 80.6 32.4 27
72 340 63 28 60.9 43.5 21
73 401 72 15 73.8 41.6 29
74 327 76 24 64.2 31.4 15

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Sport Finance

Authors: Gil Fried, Timothy D. DeSchriver, Michael Mondello

3rd Edition

1450421040, 978-1450421041

More Books

Students also viewed these Finance questions

Question

Evaluate each geometric sum. (;) k=1 k

Answered: 1 week ago