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The table attached indicates the amount spent per family, the number of family members, and the distance from Wallmart families live. Wallmart Spend ($) Number
The table attached indicates the amount spent per family, the number of family members, and the distance from Wallmart families live.
Wallmart | ||
Spend ($) | Number of Family members | Distance from the Parks (KM) |
38.39 | 4 | 20 |
31.04 | 5 | 34 |
51.45 | 6 | 11 |
107.19 | 3 | 61 |
144.24 | 3 | 119 |
72.54 | 3 | 28 |
36.13 | 2 | 41 |
100.09 | 6 | 85 |
151.96 | 6 | 148 |
82.3 | 6 | 13 |
201.18 | 7 | 134 |
91.74 | 5 | 70 |
56.66 | 4 | 4 |
56.69 | 1 | 50 |
19.9 | 3 | 59 |
99.32 | 5 | 34 |
62.82 | 7 | 28 |
25.74 | 3 | 5 |
94.84 | 5 | 43 |
132.31 | 4 | 132 |
86.52 | 4 | 96 |
25.33 | 4 | 20 |
17.2 | 7 | 9 |
158.95 | 8 | 108 |
64.97 | 4 | 38 |
152.15 | 7 | 73 |
130.47 | 2 | 143 |
161.04 | 7 | 107 |
27.41 | 6 | 9 |
165.2 | 7 | 130 |
13.15 | 4 | 24 |
75 | 2 | 3 |
50.7 | 1 | 82 |
64.63 | 1 | 40 |
44.94 | 4 | 6 |
93.02 | 6 | 59 |
45.62 | 4 | 42 |
84.72 | 7 | 26 |
53.52 | 8 | 14 |
169.76 | 7 | 134 |
62.07 | 7 | 45 |
146.18 | 3 | 144 |
130.92 | 1 | 119 |
64.05 | 5 | 44 |
81.57 | 1 | 85 |
66.42 | 4 | 85 |
80.26 | 1 | 136 |
51.85 | 3 | 39 |
138.65 | 2 | 141 |
150.89 | 1 | 118 |
55 | 7 | 8 |
26.38 | 5 | 11 |
113.5 | 5 | 81 |
85.86 | 3 | 119 |
192.3 | 8 | 99 |
85.54 | 1 | 38 |
26.93 | 1 | 27 |
97.77 | 5 | 68 |
107.21 | 4 | 62 |
44.77 | 5 | 7 |
175.82 | 5 | 147 |
114.88 | 3 | 65 |
80.97 | 1 | 87 |
155.53 | 4 | 145 |
134.27 | 6 | 90 |
179.69 | 6 | 136 |
30.9 | 3 | 1 |
18.62 | 3 | 27 |
118.37 | 3 | 72 |
106.52 | 6 | 55 |
88.75 | 8 | 70 |
23.19 | 4 | 40 |
126.24 | 4 | 65 |
91.22 | 2 | 42 |
101.2 | 2 | 38 |
29.86 | 1 | 88 |
120.87 | 8 | 64 |
63.94 | 5 | 23 |
100.04 | 5 | 89 |
41.42 | 1 | 100 |
167.42 | 8 | 89 |
21.04 | 1 | 28 |
4.59 | 2 | 7 |
115.66 | 1 | 136 |
71.57 | 7 | 53 |
69.12 | 6 | 18 |
143.79 | 5 | 136 |
183.82 | 2 | 141 |
150.98 | 8 | 145 |
105.84 | 6 | 21 |
139.27 | 6 | 104 |
23.91 | 2 | 8 |
154.14 | 4 | 111 |
139.32 | 7 | 72 |
77.43 | 3 | 122 |
87.18 | 2 | 76 |
141.37 | 1 | 138 |
170.74 | 7 | 103 |
102.15 | 3 | 99 |
7.05 | 1 | 17 |
118.59 | 4 | 63 |
134.19 | 8 | 48 |
127 | 4 | 103 |
70.75 | 1 | 133 |
53.68 | 4 | 49 |
156.7 | 2 | 148 |
61.45 | 1 | 47 |
67.71 | 5 | 21 |
75.53 | 5 | 49 |
58.12 | 4 | 21 |
83.06 | 8 | 23 |
99.45 | 6 | 85 |
54 | 1 | 18 |
175.77 | 4 | 116 |
89.18 | 5 | 40 |
84.84 | 1 | 106 |
42.82 | 6 | 55 |
82.1 | 8 | 40 |
101.23 | 4 | 65 |
161.93 | 5 | 142 |
131.82 | 6 | 62 |
110.29 | 3 | 141 |
42.37 | 4 | 16 |
135.65 | 3 | 118 |
39.56 | 4 | 11 |
- Run a regression analysis using Excel to determine the variable(s) that significantly influence the amount of money families spend at the Wallmart.
Note: use a 95% confidence level.
- Which variable(s) significantly affect(s) amount spent? Explain?
- What is the amount of variation that the number of family members and distance from the Wallmart explain?
- Is the regression model significant? Explain.
- Based on the Excel output, what is the regression equation?
5. Based on the regression equation, estimate the amount of spending a family of 8 that lives 32 kilometers from the Wallmart is expected to spend.
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