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. The regression equation fit was
If we were interested in
Predicting the tourism revenue for a particular country that had 30 million foreign
Visitors,
A) we should construct a confidence interval using this equation.
B) we should construct a predication interval using this equation.
C) we should not use this equation because it is not significant.
D) we should use the correlation.
E) we should use the standard error.
Correct Answer:
Verified
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