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Data Are Collected on the Number of Foreign Visitors to a Country

Question 15

Multiple Choice

Data are collected on the number of foreign visitors to a country (million) and total tourism revenue ($billion) for a sample of 10 countries. According to the following
Output, what is standard error of the slope for this estimated regression equation? Regression Analysis: Tourism (\$bill) versus Visitors (mill) The regression equation is: Tourism (\$bil1) = 21.5+0.29521.5 + 0.295 visitors (mill)
 Predictor  Coef  SE Coef  Constant 21.4643.462 Visitors (mill)  0.294970.07917S=2.58307RSq=63.4÷\begin{array} { l r r } \text { Predictor } & \text { Coef } & \text { SE Coef } \\ \text { Constant } & 21.464 & 3.462 \\ \text { Visitors (mill) } & 0.29497 & 0.07917 \\ S = 2.58307 & \mathrm { R } - \mathrm { Sq } = 63.4 \div \end{array} S = 2.58307 R-Sq = 63.4%


A) 2.58307
B) 3.462
C) 0.07917
D) 6.672
E) 0.29497

Correct Answer:

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