Use the Following Information to Answer the Question

question 59

Multiple Choice

Use the following information to answer the question. The following linear regression model can be used to predict ticket sales at a popular water park.
Ticket sales per hour = - 631.25 + 11.25(current temperature in °F)
-In this context, does the intercept have a reasonable interpretation?

• A)Not enough information available
• B)No, at a temperature of 0°F, ticket sales would be - 631.25 and it is not reasonable (or possible)to have negative ticket sales.
• C)Yes, it is reasonable for people to go to a water park when it is 0°F, so park managers might want to know how many tickets they would sell on average on a 0°F day.

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Definitions:

Test Statistic

A number derived from the sample data in a hypothesis test that helps decide whether the null hypothesis should be rejected.

Alternative

The hypothesis that there is a significant difference between specified populations or sets of data, contrasting the null hypothesis.

Population Proportion

The fraction or percentage of the population that possesses a particular characteristic or attribute.

Sample Size

The number of individuals or observations included in a sample taken from a population.