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Use the Following to Answer the Question(s) Below

Question 27

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Use the following to answer the question(s) below.
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. Use the following to answer the question(s)  below. 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.   -If we were interested in predicting the tourism revenue for a particular country that had 30 million foreign visitors A)  we should construct a confidence interval using the equation Tourism = 0.295 + 21.5 Visitors. B)  we should construct a prediction interval using the equation Tourism = 21.5 + 0.295 Visitors. C)  we should use the equation Tourism = 0.295 + 21.5 Visitors. D)  we should use the coefficient R2 = 0.634. E)  we should use the correlation coefficient r =   = 0.796.
-If we were interested in predicting the tourism revenue for a particular country that had 30 million foreign visitors


A) we should construct a confidence interval using the equation Tourism = 0.295 + 21.5 Visitors.
B) we should construct a prediction interval using the equation Tourism = 21.5 + 0.295 Visitors.
C) we should use the equation Tourism = 0.295 + 21.5 Visitors.
D) we should use the coefficient R2 = 0.634.
E) we should use the correlation coefficient r = Use the following to answer the question(s)  below. 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.   -If we were interested in predicting the tourism revenue for a particular country that had 30 million foreign visitors A)  we should construct a confidence interval using the equation Tourism = 0.295 + 21.5 Visitors. B)  we should construct a prediction interval using the equation Tourism = 21.5 + 0.295 Visitors. C)  we should use the equation Tourism = 0.295 + 21.5 Visitors. D)  we should use the coefficient R2 = 0.634. E)  we should use the correlation coefficient r =   = 0.796. = 0.796.

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