the model below is to develop a baseline forecast a movies home video units. You have estimated that the gross box office sales for this movie would be approximately $360 million. Would you be confident this is correct and why?

A B C D E SUMMARY OUTPUT F 1 2 Dependent Variable: Home Video Units (Thousands) Expected HV Units 7,074 3 Regression Statistics (Thousands) 4 Multiple R 0.8964 5 R Square 0.8036 6 Adjusted R Square 0.8023 7 Standard Error 526.93 8 Observations 148 9 ANOVA 10 df SS MS F Significance F 11 Regression 1.66E+08 1.66E+08 597.41 0.0000 12 Residual 146 4.05E+07 2.78E+05 13 Total 147 2.06E+08 14 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% 15 Intercept 71.92 66.77 1.08 0.2832 60.04 203.87 16 Gross Box Office ($ Millions) 19.45 0.80 24.44 0.0000 17.88 21.02 17 RESIDUAL OUTPUT