Write the fitted regression equation

Assignment Help Business Management
Reference no: EM132835544

A ski resort asked a random sample of guests to rate their satisfaction on various attributes of their visit on a scale of 1-5 with 1 = very unsatisfied and 5 = very satisfied. The estimated regression model was Y = overall satisfaction score, X1 = lift line wait, X2 = amount of ski trail grooming, X3 = safety patrol visibility, and X4 = friendliness of guest services.

Predictor Coefficient
Intercept 2.8563
Lift Wait 0.1647
Amount Groomed 0.2460
Ski Patrol Visibility 0.0668
Friendliness Hosts -0.1114

(a) Write the fitted regression equation. (Round your answers to 4 decimal places. Negative values should be indicated by a minus sign.)

y
ˆ
y^ = _________ + _____________ * LiftWait + __________ * AmountGroomed _________+ _________ * SkiPatrolVisibility + ________ * FriendlinessHosts

(b) Make a prediction for Overall Satisfaction when a guest's satisfaction in all four areas is rated a 5. (Round your answer to 4 decimal places.)

Overall satisfaction score= _______

Reference no: EM132835544

Questions Cloud

How large a wozac plant the company should build : Assume the demand for a company's drug Wozac, How large a Wozac plant the company should build to maximize its expected profit over the next 10 years.
WCM 620 Managing Conflict and Workplace Relationships : WCM 620 Managing Conflict and Workplace Relationships Assignment Help and Solution, Southern New Hampshire University - Assessment Writing Service
Partner for a small business project : What role will each of the partners play (who to do buying, who to do marketing, who to do selling, who to do delivery, etc.)?
How is realized gain on property dispositions computed : How is realized gain or loss on property dispositions computed? Compare and contrast realized and recognized gain or loss. Discuss asset basis determination
Write the fitted regression equation : A ski resort asked a random sample of guests to rate their satisfaction on various attributes of their visit on a scale of 1-5 with 1 = very unsatisfied and 5 =
Find accounting issues of any required adjusting entry : Find accounting issues and preparation of any required adjusting entry. Since we will benefit from the lobbyist's actions in the future
Asses the governmental trade policies of the canada : Asses the governmental trade policies of the Canada. How would you grade these policies on a scale of Mercantilism versus free trade?
Record the first two instalment payments on january : Record the first two instalment payments on January 31, 2016 and February 28, 2016, assuming the payment is a fixed principal payment of $1,667
Find the amount of unexpired rent : Why wouldn't it be $3,200 instead? If $1,600 is the total rent expired for the month, then wouldn't you want to find the amount of unexpired rent?

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd