The file P02_02.xlsx contains information on over 200 movies that came out during 2006 and 2007. Run

Question:

The file P02_02.xlsx contains information on over 200 movies that came out during 2006 and 2007. Run a regression of Total US Gross versus 7-day Gross, and then run a multiple regression of Total US Gross versus 7-day Gross and 14-day Gross. Report the 95% confidence interval for the coefficient of 7-day Gross in each equation. What exactly do these confidence intervals tell you about the effect of 7-day Gross on Total US Gross? Why are they not at all the same? What is the relevant population that this data set is a sample from?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Data Analysis and Decision Making

ISBN: 978-0538476126

4th edition

Authors: Christian Albright, Wayne Winston, Christopher Zappe

Question Posted: