For Many Countries Tourism Is an Important Source of Revenue $( \$$

Multiple Choice

For many countries tourism is an important source of revenue. Data are collected
On the number of foreign visitors to a country (in millions) and total tourism revenue (in
Billions of dollars) for a sample of 10 countries. Below is the regression analysis output
With tourism revenue as the dependent variable. The standard error of the slope for this
Estimated regression equation is Regression Analysis: Tourism (\$ bill) versus Visitors (mill)
The regression equation is
Tourism $( \$$ bill $) = 21.5 + 0.295$ visitors $( m i l 1 )$

$\begin{array} { l r r r r } \text { Predictor } & \text { Coef } & \text { SE Coef } & \text { T } & \text { P } \\ \text { Constant } & 21.464 & 3.462 & & \\ \text { Visitors (mill) } & 0.29497 & 0.07917 & & \end{array}$

$S = 2.58307 \quad \mathrm { R } - \mathrm { Sq } = 63.4 \%$

A) 2.58307
B) 3.462
C) 0.07917
D) 6.672
E) 0.29497