Interpret the estimate b1. What will be an ideal ...

[jessicacav]

Interpret the estimate b1.
 
  What will be an ideal response?

Question 2

Which of the following statements illustrates a Type II error?
 
  A) Saying that the student is a music industry management major when in fact the student is a finance major.
  B) Saying that the student is a finance major when in fact the student is a finance major.
  C) Saying that the student is a finance major when in fact the student is a music industry management major.
  D) Saying that the student is a music industry management major when in fact the student is a music industry management major.

[Ahernandez18]

Answer to Question 1

For every one percent increase in the number of airline passengers, we would expect a 1.23 percent increase in the occupancy rate, assuming that all the other variables are fixed.

Answer to Question 2

C

[jessicacav]

Thank you

[Ahernandez18]

Happy to help you