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question 18

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Use the following to answer the question(s) below.
For many countries tourism is an important source of revenue. Data are collected on the number of foreign visitors to a country (in millions) and total tourism revenue (in billions of dollars) for a sample of 10 countries. Below is the regression analysis output with tourism revenue as the dependent variable. Use the following to answer the question(s)  below. For many countries tourism is an important source of revenue. Data are collected on the number of foreign visitors to a country (in millions)  and total tourism revenue (in billions of dollars)  for a sample of 10 countries. Below is the regression analysis output with tourism revenue as the dependent variable.   -How much of the variability in tourism revenue is accounted for by the number of foreign visitors? A)  63.4% B)  13.8% C)  2.58 billion $ D)  21.464% E)  3.73 billion $
-How much of the variability in tourism revenue is accounted for by the number of foreign visitors?


Definitions:

Maximum Capacity

The highest level of output that a company can sustain to make a product or provide a service, under normal conditions.

Dividend Payout Ratio

A financial metric indicating the percentage of a company's earnings paid out to shareholders in the form of dividends.

Debt-Equity Ratio

Calculating a corporation's financial leverage involves dividing total liabilities by the equity of shareholders.

Net Fixed Assets

Net fixed assets refer to the total value of a company's property, plant, and equipment minus depreciation, representing the actual value of company's long-term assets being used in operations.

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