The concessions manager at a beachside park recorded the high temperature, the number of people at the park, and the number of bottles of water sold for each of 12 consecutive Saturdays. The data are shown below. a. Fit the model to the data, letting y represent the number of bottles of water sold, x1 the temperature, and x2 the number of people at the park. b. Identify at least two indicators of multicollinearity in the model. c. Comment on the usefulness of the model to predict the number of bottles of water sold on a Saturday when the high temperature is 103°F and there are 3500 people at the park.
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Q122: The model Q123: The model Q123: The number of levels of observed x-values Q124: In the presence of multicollinearity, the Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents