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BANA 3080-Open the Chapter 7 Webfile BeachFrontHotels

01 / 10 / 2021 Projects

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BANA 3080-Open the Chapter 7 Webfile BeachFrontHotels

Open the Chapter 7 Webfile BeachFrontHotels.xlsx. Resorts and Spas published its Reader’s Choice List of the top 20 independent beach front boutique hotels in the world. The data shown are the scores received by these hotels. Each score represents the percentage of respondents who rated a hotel as excellent or very good on one of three criteria (comfort, amenities, and in-house dining). An overall score was also reported and used to rank the hotels. a. Determine the estimated multiple linear regression equation that can be used to predict the overall score given the scores for comfort, amenities and in-house dining. b. Use the F test to determine the overall significance of the regression relationship. What is the conclusion for each test at the 0.01 level of significance? c. Use the t test to determine the overall significance of each independent variable. What is the conclusion for each test at the 0.01 level of significance? d. Remove all independent variables that are not significant at the 0.01 level of significance from the estimated regression equation. What is your recommended estimate regression equation?



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