You used box office gross to predict DVD revenue (stored in Movie). Using the results of that

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You used box office gross to predict DVD revenue (stored in Movie). Using the results of that problem,
a. Determine the coefficient of determination, r2, and interpret its meaning.
b. Determine the standard error of the estimate.
c. How useful do you think this regression model is for predicting DVD revenue?
d. Can you think of other variables that might explain the variation in DVD revenue?
For Information: Problem 13.10
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Statistics For Managers Using Microsoft Excel

ISBN: 9780133130805

7th Edition

Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat

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