Question

24. Problem 2 The theater of the city of Mayaguez has a popular concert in schedule...

24.

Problem 2

The theater of the city of Mayaguez has a popular concert in schedule and has decided to sells tickets by phone. For that, it needs to decide how many operators to hire for the sale. On one hand, it doesn't want the customers to wait too long, but on the other hand the operators are expensive. The data the manager has collected from previous concerts is as follows.

Operators Wait Time
4 385
5 335
6 383
7 344
8 288

Specifically, we want to find the linear regression formula between the variables.

What is the value of b0?


Select one:

a. 23.05

b. 18.5

c. 458

d. 130

I just need the answer, not the step by step solution

Homework Answers

Answer #1

2)

The statistical software output for this problem is :

The value of b0 = 458

Option c) is correct .

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