Do movies of different types have different rates of return on their budgets? Heres a scatterplot of

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Do movies of different types have different rates of return on their budgets? Here€™s a scatterplot of Gross Revenue in US ($M) vs. Budget ($M) for recent movies whose MPAA Rating is either PG (blue) or R (red):

a) Why might a researcher want to use an indicator variable for the MPAA Rating?
b) What would the data values in such an indicator variable be?

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Business Statistics

ISBN: 9780321925831

3rd Edition

Authors: Norean Sharpe, Richard Veaux, Paul Velleman

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Question Posted: May 15, 2015 06:29 AM

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Do movies of different types have different rates of return on their budgets? Heres a scatterplot of

Question:

150 0 100 0 50 100 150 Budget (SM)

Step by Step Answer:

a To make two different intercep...View the full answer

Business Statistics

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