Question: What can predict how much a motion picture will make? We have data on a number of recent releases that includes the US Gross (in
What can predict how much a motion picture will make? We have data on a number of recent releases that includes the US Gross (in $M), the Budget ($M), the Run Time (minutes), and the average number of Stars awarded by reviewers. The first several entries in the data table look like this:
-1.png)
We want a regression model to predict US Gross. Parts of the regression output computed in Excel look like this:
Dependent variable is-. US Gross ($)
R squared = 47.4% R squared (adjusted) = 46.0%
s = 46.41 with 120 - 4 = 116 degrees of freedom
-2.png)
a) Write the multiple regression equation.
b) What is the interpretation of the coefficient of Budget in this regression model?
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a US Gross 229898 112442 Budget 249724 Sta... View full answer
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