You used box office gross to predict DVD revenue (stored in Movie). Using the results of that
Question:
a. Determine the coefficient of determination, r2, and interpret its meaning.
b. Determine the standard error of the estimate.
c. How useful do you think this regression model is for predicting DVD revenue?
d. Can you think of other variables that might explain the variation in DVD revenue?
For Information: Problem 13.10
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a r 2 01749 So 1749 of the variation in the revenue from DV...View the full answer
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Related Book For
Statistics For Managers Using Microsoft Excel
ISBN: 9780133130805
7th Edition
Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat
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