Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Theme parks are big business. In the United States there are nearly 500 theme and amusement parks which generate over $10 billion a year in

Theme parks are big business. In the United States there are nearly 500 theme and amusement parks which generate over $10 billion a year in revenue. The theme park business is also growing in Europe and Asia. Rides are the main attraction at most parks, and at the center of this attention are the roller coasters. Engineers and designers compete to make them bigger and faster to increase park attendance. Roller coaster fans will wait in line for hours for a speedy, stomach-churning, head spinning 2-minute ride.

What makes a roller coast fast? In this Excel file Roller Coasters are data on some of the fastest roller coasters in the world. The file contains the values for several variables but initially we are interested in the variables speed, drop, and height (the variable definitions are included in the Excel file).

Question 1. Construct a multiple regression model with height and drop as the explanatory variables and speed as the response variable. Enter the values of the model coefficients below.

intercept
height
drop

Question 2. To attract more customers an amusement park owner wants to increase the speed of the park's main roller coaster. Because of design considerations the height of the roller coaster cannot be increased, but the drop can be increased by sending the roller coaster through an underground tunnel. If the drop is increased by 100 feet and the height remains the same, by how much will the speed increase?

miles per hour

Question 3. An amusement park in Japan wants to build a new mega-coaster, which it will name the Cranium Shaker, with a top speed over 110 miles per hour to exceed the speed of the Tower of Terror in Australia. The Cranium Shaker's design has a height of 330 feet and a drop of 415 feet (the drop will go into an underground tunnel). Use the regression model to estimate the top speed of the Cranium Shaker roller coaster.

miles per hour

While the top speed is important, you are also interested in the Duration of the ride. The Duration is affected not only by theLength (feet of track), but also by whether the roller coaster has an inversion (riders are turned upside down). The variableInvert = 1 if the roller coaster has an inversion; Invert = 0 if there is no inversion.

Question 4. Construct a multiple regression model with Length and Invert as the explanatory variables and Duration as the response variable. Select the correct response below. Note reduced submissions for this question.

A.The average duration of a roller coaster without an inversion is approximately 51.9 seconds.

B.For inversion and non-inversion roller coasters with the same length of track, the duration of the inversion roller coaster is approximately 15.3 seconds less than the non-inversion coaster.

C.For inversion and non-inversion roller coasters with the same length of track, the duration of the non-inversion roller coaster is approximately 15.3 seconds less than the inversion coaster.

D.When an inversion and non-inversion roller coaster have the same duration, the inversion roller coaster has approximately 15.4 more feet of track than the non-inversion roller coaster.

E. The average duration of a roller coaster with an inversion is approximately 67.4 seconds.

Speed

Height

Drop

93

310

300

85

235

255

85

245

255

82

205

130

80

209

225

80

230

215

77

208

221

75

205

205

75

200

205

74

207

196

73

170

210

73

202

208

73

179.5

166.5

73

208

205

72

205

194.6

70

188

171

68

173

155

67

195

170

67

110

105

67

203

144

66

127

147

66

120

155

65.6

191.5

177

65

95

151

65

149

144

65

161

155

65

150

150

65

117

115

65

179.5

124

65

156

146

65

150

150

65

143

137

64.8

105

141

63

154

144

63

150

141

63

163

128

62

125

115

62

110

92

55

115

95

55

101.5

100

55

138

138

55

100

90

55

115

95

55

115

95

55

83

75

55

115

95

55

70

95

53

100

95

53

98

88

50

55

52

50

84

78

47

80

75

45

56

47

42

70

64

41

94

66

40

78

72

100

220.5

207.3

80.8

259.2

229.7

71.5

166

178

65.6

191.6

177

60.3

137.8

124.67

56

102

93

56

95

90

80

165

133

80

160

225

78.4

218

214

76

175

215

70

155

80

66.3

122

150

65

157

148

55

70

76

52

92

90

50

70

70

46

70

62

95

318.25

306.75

80.8

262.5

218.1

90

305

300

68

65

180

Step by Step Solution

3.43 Rating (166 Votes )

There are 3 Steps involved in it

Step: 1

Question 1 Construct a multiple regression model with height and drop as the explanatory variables a... 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

Statistics For Management And Economics

Authors: Gerald Keller

11th Edition

978-1337296946, 1337296945, 1337093459, 978-1337516723, 1337516724, 978-1337093453

More Books

Students also viewed these Economics questions