Answer:
The interpretation is incomplete, just states about one independent variable impact, ignores the other variables in the model.
Step-by-step explanation:
Regression states the relationship between independent variable (x's) & dependent variable (y). Hypothesis states the statistical significance of their relationships.
Given case multiple regression : y = b0 + b1x1 + b2x2 + b2x3 , where y = broadway plays revenue , x1= no. of paying attendants, x2 = no. of shows, x3 = average ticket price.
Null Hypothesis H0: b2 = 0; Alternate Hypothesis H1: b2 ≠ 0, denote whether x2 i.e 'no. of shows' significantly affect y i.e 'broadway plays revenue'.
However, the multiple regression model ignores effect of all other independent variables (x's - x1, x2, x3) affecting dependent variable (y - broadway plays revenue)
Answer:
this isn't really an answer but use desmos graphing calculator, its an app and a website it will give you the answer.
Answer:
13%
Step-by-step explanation:
Total is 100 tickets sold as 13+87=100, 13/100 is 13%
Given that the triangle CDE is similar to triangle CML, it means that the ratio of their corresponding sides are equal. It means that
CD/CM = DE/ML = CE/CL
CD = 20 + 12x + 2 = 12x + 22
CE = 30 + 12 = 42
20/12x + 22 = 12/42
By cross multipying, it becomes
12(12x + 22) = 20 * 42
144x + 264 = 840
144x = 840 - 264 = 576
x = 576/144
x = 4
