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55. Exhibit 15-3. A researcher analyzes the factors that may influence amusement park attendance. She estimates the following model: Attendance = [i0 + [i’lPricc + [ilTenlpcraturc + [{‘Ridcs + s where Attendance is the daily attendance (in 1000s), Price is the gate price (in $), Temperature is the average daily temperature (in 0F), and Rides is the number of rides at the amusement park. A portion of the regression results is shown in the accompanying table. .\.\'t )\’.\ J!" NS .'. [S 1'" Stgnntiuunvc l5 Regression 5 39524.“ 984147 I. l kHz-H Rcmluul 36 Jib-137 98 ()3 Total 3‘) 13088 78 5'!ande inuvr 1' ”’0' f 'agt‘ttuu'n'lx fz'rrur I Sm! [killing 4/39"?) 05“,») Intercept 37 338 40.254 0 SUF.‘ 65.415 1 10.1.)71 l'l‘lcc 4,201 0.294 U (”NM -l.8()5 -[).5‘)X 'l'cmpcraturc () (I08 (I 308 t) 0603 -(I .H‘) I) 435 19.495. $292!, 0-364 93.21 2.19- 9.87.4. .4592 ITefer to Exhibit 15-3. When testing whether the explanatory variables are jointly significant at the 5% level, the researcher A. Rejects H0, and concludes that the explanatory variables are jointly significant. B. Does not reject H0, and concludes that the explanatory variables are jointly significant. C. Rejects H0, and concludes that the explanatory variables are not jointly significant. D. Does not reject H0, and concludes that the explanatory variables are not jointly significant.
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This question was created from Analytical Methods for Business, Completed Text Exam, Chapter 15 https://www.coursehero.com/file/11361701/Analytical-Methods-for-Business-Completed-Text-Exam-Chapter-15/?focusQaId=10819987
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