Zagat restaurant guides publish ratings of restaurants for many large cities around the world. The restaurants...

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Zagat restaurant guides publish ratings of restaurants for manylarge cities around the world. The restaurants are rated on a 0 to30 point scale based on quality of food, decor, service, and cost.Suppose the regression equation that predicts the cost of dinnerusing the rating of the quality of food for the restaurants in aparticular city is (cost of dinner) = 4.201*(food quality) + 2.823.Interpret the slope.
Question 3 options:
1)
When food quality increases by 1 point, cost of dinnerincreases by 2.823 dollars.
2)
When cost of dinner increases by 1 dollar, food qualityincreases by 4.201 points.
3)
When cost of dinner increases by 1 dollar, food qualityincreases by 2.823 points.
4)
We are not given the dataset, so we cannot make aninterpretation.
5)
When food quality increases by 1 point, cost of dinnerincreases by 4.201 dollars.

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3.7 Ratings (577 Votes)

Option-5) When food quality increases by 1 point, cost of dinner increases by 4.201 dollars.

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