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SCENARIO 14-12 as a Project for His Business Statistics Class

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SCENARIO 14-12 As a project for his business statistics class, a student examined the factors that determined parking meter rates throughout the campus area.Data were collected for the price ($)per hour of parking, blocks to the quadrangle, and whether the parking is on or off campus.The population regression model hypothesized is SCENARIO 14-12 As a project for his business statistics class, a student examined the factors that determined parking meter rates throughout the campus area.Data were collected for the price ($)per hour of parking, blocks to the quadrangle, and whether the parking is on or off campus.The population regression model hypothesized is   where Y is the meter price per hour   is the number of blocks to the quad   is a dummy variable that takes the value 1 if the meter is located on campus and 0 otherwise The following Excel results are obtained.   -Referring to Scenario 14-12, if one is already off campus but decides to park 3 more blocks from the quad, the estimated mean parking meter rate will decrease by ____. where Y is the meter price per hour SCENARIO 14-12 As a project for his business statistics class, a student examined the factors that determined parking meter rates throughout the campus area.Data were collected for the price ($)per hour of parking, blocks to the quadrangle, and whether the parking is on or off campus.The population regression model hypothesized is   where Y is the meter price per hour   is the number of blocks to the quad   is a dummy variable that takes the value 1 if the meter is located on campus and 0 otherwise The following Excel results are obtained.   -Referring to Scenario 14-12, if one is already off campus but decides to park 3 more blocks from the quad, the estimated mean parking meter rate will decrease by ____. is the number of blocks to the quad SCENARIO 14-12 As a project for his business statistics class, a student examined the factors that determined parking meter rates throughout the campus area.Data were collected for the price ($)per hour of parking, blocks to the quadrangle, and whether the parking is on or off campus.The population regression model hypothesized is   where Y is the meter price per hour   is the number of blocks to the quad   is a dummy variable that takes the value 1 if the meter is located on campus and 0 otherwise The following Excel results are obtained.   -Referring to Scenario 14-12, if one is already off campus but decides to park 3 more blocks from the quad, the estimated mean parking meter rate will decrease by ____. is a dummy variable that takes the value 1 if the meter is located on campus and 0 otherwise The following Excel results are obtained. SCENARIO 14-12 As a project for his business statistics class, a student examined the factors that determined parking meter rates throughout the campus area.Data were collected for the price ($)per hour of parking, blocks to the quadrangle, and whether the parking is on or off campus.The population regression model hypothesized is   where Y is the meter price per hour   is the number of blocks to the quad   is a dummy variable that takes the value 1 if the meter is located on campus and 0 otherwise The following Excel results are obtained.   -Referring to Scenario 14-12, if one is already off campus but decides to park 3 more blocks from the quad, the estimated mean parking meter rate will decrease by ____.
-Referring to Scenario 14-12, if one is already off campus but decides to park 3 more blocks from the quad, the estimated mean parking meter rate will decrease by ____.


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