Multiple Choice
Exhibit 15-4.A researcher analyzes the factors that may influence amusement park attendance and estimates the following model: , where Attendance is the daily attendance (in 1000s) ,Price is the gate price (in $) ,and Rides is the number of rides at the amusement park.The researcher would like to construct interval estimates for Attendance when Price and Rides equal $85 and 30,respectively.The researcher estimates a modified model where Attendance is the response variable and the explanatory variables are now defined as
and
.A portion of the regression results is shown in the accompanying table.
Refer to Exhibit 15-4.According to the modified model,what is a 95% prediction interval for Attendance when Price and Rides equal $85 and 30,respectively? (Note that
. )
A) [12,740,56,080]
B) [16,330,53,450]
C) [26,080,42,740]
D) [28,900,41,500]
Correct Answer:

Verified
Correct Answer:
Verified
Q38: Exhibit 15-1.An marketing analyst wants to examine
Q39: When estimating <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2339/.jpg" alt="When estimating
Q40: The accompanying table shows the regression results
Q45: The accompanying table shows the regression results
Q46: A manager at a local bank analyzed
Q47: A researcher analyzes the factors that may
Q71: In a multiple regression based on 30
Q74: When some explanatory variables of a regression
Q121: The alternative hypothesis for the test of
Q124: The restricted model is a reduced model