# Question

Here’s a multiple regression model for the variables considered in Exercise 12:

a) Write the regression model.

b) What does the coefficient of Paid Attendance mean in this regression? Does that make sense?

c) In a week in which the paid attendance was 200,000 customers attending 30 shows at an average ticket price of $70, what would you estimate the receipts would be?

d) Is this likely to be a good prediction? Why do you think that?

a) Write the regression model.

b) What does the coefficient of Paid Attendance mean in this regression? Does that make sense?

c) In a week in which the paid attendance was 200,000 customers attending 30 shows at an average ticket price of $70, what would you estimate the receipts would be?

d) Is this likely to be a good prediction? Why do you think that?

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