Solved

A Researcher Analyzes the Factors That May Influence Amusement Park

Question 95

Multiple Choice

A researcher analyzes the factors that may influence amusement park attendance. She estimates the following model: Attendance = β0 + β1Price + β2Temperature + β3Rides + ε, where Attendance is the daily attendance (in 1,000s) , Price is the gate price (in $) , Temperature is the average daily temperature (in °F) , and Rides is the number of rides at the amusement park. A portion of the regression results is shown in the accompanying table. A researcher analyzes the factors that may influence amusement park attendance. She estimates the following model: Attendance = β<sub>0</sub> + β<sub>1</sub>Price + β<sub>2</sub>Temperature + β<sub>3</sub>Rides + ε, where Attendance is the daily attendance (in 1,000s) , Price is the gate price (in $) , Temperature is the average daily temperature (in °F) , and Rides is the number of rides at the amusement park. A portion of the regression results is shown in the accompanying table. Which of the following is the value of the test statistic for testing the joint significance of the linear regression model? A) −4.09 B) 0.04 C) 9.95 D) 99.78 Which of the following is the value of the test statistic for testing the joint significance of the linear regression model?


A) −4.09
B) 0.04
C) 9.95
D) 99.78

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q90: A real estate analyst believes that the

Q91: It is common to refer to the

Q92: In regression, the two types of interval

Q93: Refer to below regression results. <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6618/.jpg"

Q94: A manager at a local bank analyzed

Q96: A simple linear regression, Sales = β<sub>0</sub>

Q97: The term BLUE stands for Best Linear

Q98: A marketing analyst wants to examine the

Q99: A researcher analyzes the factors that may

Q100: A real estate analyst believes that the