Question
In: Statistics and Probability
Business students want to predict the average customer tip from an average customer’s restaurant bill. They...
Business students want to predict the average customer tip from an average customer’s restaurant bill. They have collected data from five customers. The results are listed below:
|
Customer |
Bill |
Tip |
|
1 |
78 |
14.50 |
|
2 |
33 |
5.50 |
|
3 |
64 |
12 |
|
4 |
55 |
10.5 |
|
5 |
115 |
22 |
- Develop a regression model to predict the tip amount based on the customer bill amount.
B. Calculate the predicted tip (Y value), if x=82.
Solutions
orchestra answered 1 year agoRelated Solutions
Customer Amount of Tip Amount of Bill Number of Diners Customer Amount of Tip Amount of...
Customer
Amount of Tip
Amount of Bill
Number of Diners
Customer
Amount of Tip
Amount of Bill
Number of Diners
1
$
7.70
$
46.02
1
16
$
3.30
$
23.59
2
2
4.50
28.23
4
17
3.50
22.30
2
3
1.00
10.65
1
18
3.25
32.00
2
4
2.40
19.82
3
19
5.40
50.02
4
5
5.00
28.62
3
20
2.25
17.60
3
6
4.25
24.83
2
21
3.90
58.18
1
7
0.50
6.25
1
22
3.00
20.27
2...
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on the screen. (I need this to be in OOP using C++)
Write a program that computes the tax and tip on a restaurant bill for a patron...
Write a program that computes the tax and tip on a restaurant
bill for a patron with $44.50 meal charge. The tax should be 6.75%
of the meal cost. The tip should be 15% of the total after adding
tax. Display the meal cost, tax amount, tip amount, and total bill
on the screen. (I need this to be in OOP).
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