Question: Executives wish to know how much being fact-based or having one star contributes to a movies rating. What can you tell them about this? Are

  1. Executives wish to know how much being fact-based or having one star contributes to a movies rating. What can you tell them about this?
  2. Are either, both, or neither of the independent variables significantly related to the ratings at 95% confidence? Justify your answers referring to the relevant figures.

How well does this regression analysis explain the ratings? Should the executives count on the results from this analysis? Justify your answers referring to the relevant figures

Regression Statistics

Multiple R

0.4530

R Square

0.2052

Adjusted R Square

0.1463

Standard Error

1.6465

Observations

30

Coefficients

Standard Error

t Stat

P-value

Intercept

12.6788

0.4958

25.5737

0.0000

Facts

1.6002

0.6101

2.6227

0.0142

Stars

0.4484

0.6316

0.7098

0.4839

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!