Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The p-value=0.0072 of PayDay is less than typical level of significance alpha=0.05 so this variable is significantly explaining variation in the dependent variable checkins. the

The p-value=0.0072 of PayDay is less than typical level of significance alpha=0.05 so this variable is significantly explaining variation in the dependent variable checkins. the coefficient of PayDay is 96.68, which means there will be change in checkins by 96.68 if there is one unit change in PayDay provided other variables NewYears, Martin Luther King, SuperBowl, Valentine Day, Chinese New Year remains fixed

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

Calculus Early Transcendentals

Authors: James Stewart

8th edition

1285741552, 9781305482463 , 978-1285741550

More Books

Students also viewed these Mathematics questions

Question

What does the slope in a simple linear regression model measure?

Answered: 1 week ago