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SCENARIO 14-12 as a Project for His Business Statistics Class

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SCENARIO 14-12 As a project for his business statistics class, a student examined the factors that determined parking meter rates throughout the campus area.Data were collected for the price ($)per hour of parking, blocks to the quadrangle, and whether the parking is on or off campus.The population regression model hypothesized is SCENARIO 14-12 As a project for his business statistics class, a student examined the factors that determined parking meter rates throughout the campus area.Data were collected for the price ($)per hour of parking, blocks to the quadrangle, and whether the parking is on or off campus.The population regression model hypothesized is   where Y is the meter price per hour   is the number of blocks to the quad   is a dummy variable that takes the value 1 if the meter is located on campus and 0 otherwise The following Excel results are obtained.   -Referring to Scenario 14-12, predict the cost per hour if one parks off campus and 3 blocks from the quad. where Y is the meter price per hour SCENARIO 14-12 As a project for his business statistics class, a student examined the factors that determined parking meter rates throughout the campus area.Data were collected for the price ($)per hour of parking, blocks to the quadrangle, and whether the parking is on or off campus.The population regression model hypothesized is   where Y is the meter price per hour   is the number of blocks to the quad   is a dummy variable that takes the value 1 if the meter is located on campus and 0 otherwise The following Excel results are obtained.   -Referring to Scenario 14-12, predict the cost per hour if one parks off campus and 3 blocks from the quad. is the number of blocks to the quad SCENARIO 14-12 As a project for his business statistics class, a student examined the factors that determined parking meter rates throughout the campus area.Data were collected for the price ($)per hour of parking, blocks to the quadrangle, and whether the parking is on or off campus.The population regression model hypothesized is   where Y is the meter price per hour   is the number of blocks to the quad   is a dummy variable that takes the value 1 if the meter is located on campus and 0 otherwise The following Excel results are obtained.   -Referring to Scenario 14-12, predict the cost per hour if one parks off campus and 3 blocks from the quad. is a dummy variable that takes the value 1 if the meter is located on campus and 0 otherwise The following Excel results are obtained. SCENARIO 14-12 As a project for his business statistics class, a student examined the factors that determined parking meter rates throughout the campus area.Data were collected for the price ($)per hour of parking, blocks to the quadrangle, and whether the parking is on or off campus.The population regression model hypothesized is   where Y is the meter price per hour   is the number of blocks to the quad   is a dummy variable that takes the value 1 if the meter is located on campus and 0 otherwise The following Excel results are obtained.   -Referring to Scenario 14-12, predict the cost per hour if one parks off campus and 3 blocks from the quad.
-Referring to Scenario 14-12, predict the cost per hour if one parks off campus and 3 blocks from the quad.

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