Question: Asimpler model. In the multiple regression analysis using all three variables, opening-weekend theater count, Theaters, appears to be the least helpful (given that the other
Asimpler model. In the multiple regression analysis using all three variables, opening-weekend theater count, Theaters, appears to be the least helpful
(given that the other two explanatory variables are in the model). Do a new analysis using only the movie’s budget and opening-weekend revenue. Give the estimated regression equation for this analysis and compare it with the analysis using all three variables as predictors. Summarize the inference results for the coefficients.
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