Use This Information to Answer the Following Questions -Refer to the Table Above

question 61

Essay

Use this information to answer the following questions.
The following data were collected on annual revenues (millions)and the number of slot machines in a Las Vegas casino from 1995 to 2005.
$$\begin{array} { l c c } \text { Year } & \text { Annual Revenues } & \text { Number of SlotMachines } \\1995 & 4 & 35 \\1996 & 6 & 40 \\1997 & 7 & 45 \\1998 & 8 & 50 \\1999 & 6.8 & 55 \\2000 & 8.8 & 60 \\2001 & 9 & 65 \\2002 & 10 & 70 \\2003 & 13 & 75 \\2004 & 12 & 75 \\2005 & 13 & 75\end{array}$$
-Refer to the table above.
a.Develop a regression model to predict annual revenues based on the number of slot machines.
b.Use the estimated regression model to predict annual revenues with 80 slot machines.

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Definitions:

Penile Erection

The process by which the penis becomes firm and enlarged due to increased blood flow, often in response to sexual arousal.

Male Reproductive System

The series of organs and structures in males responsible for producing, maintaining, and transporting sperm and seminal fluid.

Ductus Deferens

A conduit that transports sperm from the epididymis to the ejaculatory ducts within the male reproductive system.

Epididymis

A long, coiled tube attached to the back of the testis that stores and carries sperm.