Question: In Problem 12 10 on page 424 you used box office

In Problem 12.10 on page 424, you used box office gross to predict DVD revenue. The data are stored in Movie. The company is about to release a movie on DVD that had a box office gross of $ 100 million.
a. What is the predicted DVD revenue?
b. Which interval is more useful here, the confidence interval estimate of the mean or the prediction interval for an individual response? Explain.
c. Construct and interpret the interval you selected in (b).

View Solution:


Sale on SolutionInn
Sales0
Views62
Comments
  • CreatedJuly 16, 2015
  • Files Included
Post your question
5000