Examlex

Solved

Handson Yacht Rentals Generated the Following Regression Based on the Number

question 20

Multiple Choice

Handson Yacht Rentals generated the following regression based on the number and cost of daily rentals of its yachts during May:  SUMMARY OUTPUT  Statistics  Multiple R 0.825358 R Square 0.681216 Adj RSquare 0.656695 Stand.Error 39.35892 Observations 15\begin{array}{lr}\hline\text { SUMMARY OUTPUT }\\\hline\text { Statistics }\\\text { Multiple R } & 0.825358 \\\text { R Square } & 0.681216 \\\text { Adj RSquare } & 0.656695 \\\text { Stand.Error } & 39.35892 \\\text { Observations } & 15\\\hline\end{array}

 ANOVA dfSSMSF Signpificance F Regression 143,034.743,034.7127.7800170.000151 Residual 1320,138.61,549.12 Total 1463.173.3\begin{array}{lrrrrr}\hline\text { ANOVA }&df&SS&MS&F&\text { Signpificance }F\\\hline \text { Regression } & 1 & 43,034.7 & 43,034.71 & 27.780017 & 0.000151 \\\text { Residual } & 13 & 20,138.6 & 1,549.12 & & \\\text { Total } & 14 & 63.173 .3 & & & \\\hline\end{array}

 Coefficients  Sid Enor t Stat  P-value  Lower 95%  Upper 05%  Lower 95%  Upper 95%  Intercept 2621.21101.80732.6267250.02091747.478460487.361247.478460487.3612 X Variable 1 35.586.10235.2706750.00015118.98015445.346718.98015445.3467\begin{array}{lrlllllll}\hline \text { Coefficients } & \text { Sid Enor } & t \text { Stat } & \text { P-value } & \text { Lower 95\% } & \text { Upper 05\% } & \text { Lower 95\% }& \text { Upper 95\% } \\\hline \text { Intercept } & 2621.21 & 101.8073 & 2.626725 & 0.020917 & 47.478460 & 487.3612 & 47.478460 & 487.3612 \\\text { X Variable 1 } & 35.58 & 6.1023 & 5.270675 & 0.000151 & 18.980154 & 45.3467 & 18.980154 & 45.3467 \\\hline\end{array} If Handson Yacht Rentals rents yachts 45 times during June, how much is its total cost for rentals?


Definitions:

Breast Milk

The milk produced by a woman's breasts after childbirth, providing essential nutrients and antibodies to support the infant's health and development.

ChooseMyPlate

A visual guide created by the U.S. Department of Agriculture to help Americans understand and implement healthy eating habits by illustrating the five food groups.

Healthy Lifestyle

A way of living that lowers the risk of being seriously ill or dying early, often associated with physical activity, balanced diet, and avoiding harmful habits.

Increasing Carbohydrates

Adjusting a diet to include more carbohydrate sources, which are primary energy sources for the body.

Related Questions