Question: Continuing Problems 6 and 15 on the 20062007 movie data in the file P02_02.xlsx, create a new variable Total Revenue that is the sum of

Continuing Problems 6 and 15 on the 2006–2007 movie data in the file P02_02.xlsx, create a new variable Total Revenue that is the sum of Total US Gross, International Gross, and US DVD Sales. How well can this new variable be predicted from the data in columns C–F? For Distributor, relabel the categories so that there are only two: Large Distributor and Small Distributor.
The former is any distributor that had at least 12 movies in this period, and the latter is all the rest. For Genre, relabel the categories to be Comedy, Drama, Adventure, Action, Thriller/Suspense, and Other. Interpret the coefficients of the estimated regression equation. How would you explain the results to someone in the movie business? Do you think that predictions of total revenue from this regression equation will be very accurate? Why?

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