A Broadway investor is interested in predicting the gross sales in millions. He started with Attendance, New Productions and Mean Ticket. Run the Backwards Elimination method using AIC criterion and determine what variable should be removed first. Season Gross($M) Attendance 2001 2002 2003 643 721 771 10.95 11.42 11.61 New Mean Productions Ticket 36 58.72 36 63.13 38 66.41
A Broadway investor is interested in predicting the gross sales in millions. He started with Attendance, New Productions and Mean Ticket. Run the Backwards Elimination method using AIC criterion and determine what variable should be removed first. Season Gross($M) Attendance 2001 2002 2003 643 721 771 10.95 11.42 11.61 New Mean Productions Ticket 36 58.72 36 63.13 38 66.41
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
![A Broadway investor is interested in predicting the gross sales in millions. He started with
Attendance, New Productions and Mean Ticket.
Run the Backwards Elimination method using AIC criterion and determine what variable should be
removed first.
Season Gross($M) Attendance
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
643
721
771
769
862
939
938
943
1020
1081
O Attendance
New Productions
Mean Ticket
10.95
11.42
11.61
11.53
12
12.31
12.27
12.15
11.89
12.53
Mean
Productions Ticket
36 58.72
36 63.13
38 66.41
39 66.69
39 71.83
35 76.27
36 76.45
New
43 77.61
39 85.78
42 86.27](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F16ae80a1-e1d5-43ac-ac08-1553481b35fc%2F26fea8fc-7b39-449c-8854-469aa765577f%2F1p5dls_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A Broadway investor is interested in predicting the gross sales in millions. He started with
Attendance, New Productions and Mean Ticket.
Run the Backwards Elimination method using AIC criterion and determine what variable should be
removed first.
Season Gross($M) Attendance
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
643
721
771
769
862
939
938
943
1020
1081
O Attendance
New Productions
Mean Ticket
10.95
11.42
11.61
11.53
12
12.31
12.27
12.15
11.89
12.53
Mean
Productions Ticket
36 58.72
36 63.13
38 66.41
39 66.69
39 71.83
35 76.27
36 76.45
New
43 77.61
39 85.78
42 86.27
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![MATLAB: An Introduction with Applications](https://www.bartleby.com/isbn_cover_images/9781119256830/9781119256830_smallCoverImage.gif)
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
![Probability and Statistics for Engineering and th…](https://www.bartleby.com/isbn_cover_images/9781305251809/9781305251809_smallCoverImage.gif)
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
![Statistics for The Behavioral Sciences (MindTap C…](https://www.bartleby.com/isbn_cover_images/9781305504912/9781305504912_smallCoverImage.gif)
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
![MATLAB: An Introduction with Applications](https://www.bartleby.com/isbn_cover_images/9781119256830/9781119256830_smallCoverImage.gif)
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
![Probability and Statistics for Engineering and th…](https://www.bartleby.com/isbn_cover_images/9781305251809/9781305251809_smallCoverImage.gif)
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
![Statistics for The Behavioral Sciences (MindTap C…](https://www.bartleby.com/isbn_cover_images/9781305504912/9781305504912_smallCoverImage.gif)
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
![Elementary Statistics: Picturing the World (7th E…](https://www.bartleby.com/isbn_cover_images/9780134683416/9780134683416_smallCoverImage.gif)
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
![The Basic Practice of Statistics](https://www.bartleby.com/isbn_cover_images/9781319042578/9781319042578_smallCoverImage.gif)
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
![Introduction to the Practice of Statistics](https://www.bartleby.com/isbn_cover_images/9781319013387/9781319013387_smallCoverImage.gif)
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman