Exhibit 15-4

question 27

Multiple Choice

Exhibit 15-4.A researcher analyzes the factors that may influence amusement park attendance and estimates the following model: , where Attendance is the daily attendance (in 1000s) ,Price is the gate price (in $) ,and Rides is the number of rides at the amusement park.The researcher would like to construct interval estimates for Attendance when Price and Rides equal $85 and 30,respectively.The researcher estimates a modified model where Attendance is the response variable and the explanatory variables are now defined as and .A portion of the regression results is shown in the accompanying table. Refer to Exhibit 15-4.According to the modified model,what is a 95% confidence interval for expected Attendance when Price and Rides equal $85 and 30,respectively? (Note that . )

• A)[12,740,56,780]
• B)[16,330,53,450]
• C)[26,080,42,740]
• D)[28,900,41,500]

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Definitions:

Valid Offer

A proposal made in terms which are clear enough to be accepted and form a legally binding contract.

Communicated

Information or ideas that have been shared or transmitted between parties, through verbal, written, or nonverbal methods.

One-Sided Promise

An agreement where only one party makes an enforceable commitment to the other without receiving a reciprocal obligation.

Breach Of Contract

A violation of a contractual obligation by failing to perform one's own promise, partially or wholly.