A researcher analyzes the factors that may influence amusement park attendance and estimates the following model: Attendance = β₀ + β₁ Price + β₂ Rides + ε,where Attendance is the daily attendance (in 1,000s) ,Price is the gate price (in $) ,and Rides is the number of rides at the amusement park.The researcher would like to construct interval estimates for Attendance when Price and Rides equal $85 and 30,respectively.The researcher estimates a modified model where Attendance is the response variable and the explanatory variables are now defined as
Price* = Price - 85 and Rides* = Rides - 30.A portion of the regression results is shown in the accompanying table. According to the modified model,which of the following is a 95% confidence interval for expected Attendance when Price andRides equal $85 and 30,respectively? (Note that t_0,025,27 = 2.052. )

Question

A researcher analyzes the factors that may influence amusement park attendance and estimates the following model: Attendance = β₀ + β₁ Price + β₂ Rides + ε,where Attendance is the daily attendance (in 1,000s) ,Price is the gate price (in $) ,and Rides is the number of rides at the amusement park.The researcher would like to construct interval estimates for Attendance when Price and Rides equal $85 and 30,respectively.The researcher estimates a modified model where Attendance is the response variable and the explanatory variables are now defined as
Price* = Price - 85 and Rides* = Rides - 30.A portion of the regression results is shown in the accompanying table.

A researcher analyzes the factors that may influence amusement park attendance and estimates the following model: Attendance = β<sub>0</sub> + β<sub>1</sub> Price + β<sub>2</sub> Rides + ε,where Attendance is the daily attendance (in 1,000s) ,Price is the gate price (in $) ,and Rides is the number of rides at the amusement park.The researcher would like to construct interval estimates for Attendance when Price and Rides equal $85 and 30,respectively.The researcher estimates a modified model where Attendance is the response variable and the explanatory variables are now defined as Price* = Price - 85 and Rides* = Rides - 30.A portion of the regression results is shown in the accompanying table. According to the modified model,which of the following is a 95% confidence interval for expected Attendance when Price andRides equal $85 and 30,respectively? (Note that t<sub>0,025,27</sub> = 2.052. ) A) [12,740,56,780] B) [16,330,53,450] C) [26,080,42,740] D) [28,900,41,500]

According to the modified model,which of the following is a 95% confidence interval for expected Attendance when Price andRides equal $85 and 30,respectively? (Note that t_0,025,27 = 2.052. )

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The Answer of A researcher analyzes the factors that may influence amusement park attendance and estimates the following model: Attendance = β₀ + β₁ Price + β₂ Rides + ε,where Attendance is the daily attendance (in 1,000s),Price is the gate price (in $),and Rides is the number of rides at the amusement park.The researcher would like to construct interval estimates for Attendance when Price and Rides equal $85 and 30,respectively.The researcher estimates a modified model where Attendance is the response variable and the explanatory variables are now defined as Price* = Price - 85 and Rides* = Rides - 30.A portion of the regression results is shown in the accompanying table. According to the modified model,which of the following is a 95% confidence interval for expected Attendance when Price andRides equal $85 and 30,respectively? (Note that t_0,025,27 = 2.052. ) A) [12,740,56,780] B) [16,330,53,450] C) [26,080,42,740] D) [28,900,41,500]

A Researcher Analyzes the Factors That May Influence Amusement Park