Bob's Burgers is a chain of hamburger fast food restaurants located all over the state of Alaska. Bob, the OM, has collected sales data from their famous Jalapeño Burger over the past 5 weeks, and wants to generate a linear regression equation to estimate potential sales for upcoming weeks. Jalapeño Burger Week Sales 1 354 345 367 4 380 413 Use the Summary Output below to determine what percentage of the behavior of Y can be explained by X? 2 3
Bob's Burgers is a chain of hamburger fast food restaurants located all over the state of Alaska. Bob, the OM, has collected sales data from their famous Jalapeño Burger over the past 5 weeks, and wants to generate a linear regression equation to estimate potential sales for upcoming weeks. Jalapeño Burger Week Sales 1 354 345 367 4 380 413 Use the Summary Output below to determine what percentage of the behavior of Y can be explained by X? 2 3
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
Problem 17HP
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Transcribed Image Text:* 00
A uncw.instructure.com
Regression Statistics
Multiple R
0.91065
R Square
0.829283
Adjusted R
0.772377
Square
Standard
12.67412
Error
Observations 5
ANOVA
Significance
df
SS
MS
F.
14.57294 0.031628
F.
Regression
2340.9
2340.9
1.
Residual
481.9
160.6333
Total
2822.8
4.
Standard
Upper
Lower
Upper
Coefficients
t Stat
P-value
Lower 95%
Error
95%
Intercept
325.9
13.29273 24.51716 0.000149 283.5966
368.2034 283.5966 368.2034
X Variable
15.3
4.007909 3.817452 0.031628 2.545045 28.05495 2.545045 28.05495
82.93%
O 77.24%
O 91.06%
No relationship can be obtained from the data provided.
O 12.67%
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Transcribed Image Text:* 00
2.
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uncw.instructure.com
Bob's Burgers is a chain of hamburger fast food restaurants located all over the state of Alaska. Bob, the
OM, has collected sales data from their famous Jalapeño Burger over the past 5 weeks, and wants to
generate a linear regression equation to estimate potential sales for upcoming weeks.
Jalapeño Burger
Week
Sales
354
1.
345
367
413
Use the Summary Output below to determine what percentage of the behavior of Y can be explained by
SUMMARY OUTPUT
Regression Statistics
Multiple R
0.91065
R Square
0.829283
Adjusted R
0.772377
Square
Standard
12.67412
Error
Observations 5
ANOVA
Significance
df
MS
F.
14.57294 0.031628
1.
Regression
2340.9
2340.9
Residual
3
481.9
160.6333
Total
2822.8
4.
MacBook Air
DD
F7
D00
08
F9
F8
F2
F4
F5
&
V
23
3.
5.
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