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Data Are Collected on the Number of Foreign Visitors to a Country

question 68

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Data are collected on the number of foreign visitors to a country (million) and total tourism revenue ($billion) for a sample of 10 countries. According to the following
Output, what is standard error of the slope for this estimated regression equation? Regression Analysis: Tourism (\$bill) versus Visitors (mill) The regression equation is: Tourism (\$bil1) = 21.5+0.29521.5 + 0.295 visitors (mill)
 Predictor  Coef  SE Coef  Constant 21.4643.462 Visitors (mill)  0.294970.07917S=2.58307RSq=63.4÷\begin{array} { l r r } \text { Predictor } & \text { Coef } & \text { SE Coef } \\ \text { Constant } & 21.464 & 3.462 \\ \text { Visitors (mill) } & 0.29497 & 0.07917 \\ S = 2.58307 & \mathrm { R } - \mathrm { Sq } = 63.4 \div \end{array} S = 2.58307 R-Sq = 63.4%

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Definitions:

Employment Statistics

Data and figures that relate to employment rates, unemployment, sectors of employment, and demographics of the workforce.

Job Offers Accepted

Refers to the number or percentage of job offers that have been formally accepted by candidates.

Expressing Interest

Demonstrating enthusiasm or intent regarding a particular opportunity, position, or idea.

Workforce Morale

The overall sense of satisfaction, enthusiasm, and loyalty that employees feel towards their workplace.

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