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Exhibit 10-2 A Manager of a Hotel Chain Is Interested in Investigating

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Exhibit 10-2
A manager of a hotel chain is interested in investigating whether there is a relationship between staff labor hours and bed-day occupancy incurred by a hotel in a month.The manager randomly selected 17 of the hotels in the chain across the country and recorded, for each of the hotels, the staff's total labor hours for the month of July and the number of bed-days of occupancy for that month. (A hotel has occupied one "bed-day" if one bed is occupied (rented) for an entire day.) The manager is interested in seeing if the labor hours incurred can be predicted from the number of bed-days of occupancy on a monthly basis.
The sample data were analyzed using Excel.Shown below is part of the regression analysis output.

-Refer to Exhibit 10-2.According to this regression analysis,if the number of bed-days increases by 200,what is the predicted change in the number of labor hours required for a given month?

Definitions:

Spaghetti Consumption

The intake or eating of spaghetti, often measured for dietary or economic analyses.

Consumption

The process of using goods and services for personal needs or wants, often leading to a decrease in the quantity of the consumed goods.

Utility Function

A mathematical representation that assigns a level of satisfaction or utility to combinations of goods and services consumed.

Spaghetti Consumption

The quantity or rate at which individuals or populations eat spaghetti, of interest in studies of dietary patterns, cultural habits, and nutrition.