The concessions manager at a beachside park recorded the high temperature, the number of people at the park, and the number of bottles of water sold for each of 12 consecutiveSaturdays. The data are shown below.
a. Fit the model to the data, letting represent the number of bottles of water sold, the temperature, and the number of people at the park.
b. Identify at least two indicators of multicollinearity in the model.
c. Comment on the usefulness of the model to predict the number of bottles of water sold on a Saturday when the high temperature is and there are 3500 people at the park.
Correct Answer:
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b. First indicator: The
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