Question: 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
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
- 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 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
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
