7) The following results are from data that were collected from a sample of Chicago Cubs baseball games. The dependent variable is ATTENDANCE, TEMP is a variable measuring the forecasted game-time temperature: WIN% is a variable measuring the winning percentage of the Cubs before the game is played, OPWIN% is a variable measuring the winning percentage of their opponent, WEEKEND is a dummy variable = 1 if the game is played on a weekend and = 0 if the game is played during a weekday, PROMOTION is a dummy variable = 1 if there is a promotion for the game (giving away something to those who attend the game) and = 0 if there is not a promotion, and WEEK*PROM is an interaction term equal to WEEKEND*PROMOTION.a) What is the predicted attendance if TEMP = 70, WIN% = 500, OPWIN% = 500, the game is played on a weekend and there is NO promotion? b) What is the predicted attendance if TEMP = 70, WIN% = 500, OPWIN% = 500, the game is played on a weekend and there is a promotion? c) Based on your answers to the previous 2 questions, what is the marginal impact of offering a promotion for weekend games? 7) The following results are from data that were collected from a sample of Chicago Cubs baseballgames. The dependent variable is ATTENDANCE, TEMP is a variable measuring the forecasted gametime temperature: WIN% is a variable measuring the winning percentage of the Cubs before the gameis played, OPWIN% is a variable measuring the winning percentage of their opponent, WEEKEND isa dummy variable 1 if the game is played on a weekend and 0 if the game is played during aweekday, PROMOTION is a dummy variable = 1 if there is a promotion for the game (giving awaysomething to those who attend the game) and = 0 if there is not a promotion, and WEEK*PROM is aninteraction term equal to WEEKEND*PROMOTION.SUMMARY OUTPUTRegression StatisticsMultiple RR SquareAdjusted R Square0.6390.4080.360Standard Error4289Observations81ANOVAdf6.SSMSSignificance F0.00000051Regression9371875721561979298.49Residual74136149423118398571Total802298681803CoefficientsStandard Errort StatP-valueUpper 95%24536.7Lower 95%InterceptTemp12405.76088.22.040.05274.872.638.91.870.07-4.8150.1Win%24.312.41.970.05-0.349.0OpWin%5.76.00.940.35-6.317.6Weekend5254.61654.83.180.001957.28551.9Promotion4432.51363.63.250.001715.57149.5Week*Prom-3057.61830.5-1.670.10-6700.3585.1a)What is the predicted attendance if TEMP = 70, WIN% = 500, OPWIN% = 500, the game isplayed on a weekend and there is NO promotion?

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Let Y (dependent variable represents the attendance, X1 represents Temp, X2 represents win%, X3…