Do movies of different types have different rates of return on their budgets? Here's a regression of USGross (SM) onBudget for comedies and action movies with an indicator variable. Complete parts (a) through (d).Dependent variable is: USGross ($M)Coefficient SE(Coeff)- 6.7827816.951.00523VariableConstantBudget ($M)Comedy24.03730.161311.73t-ratio P-value-0.4000.69076.23 <0.00012.050.0451a) Write out the regression model.USGross = + ( Budget + (ComedyR-squared = 32.8%R-squared (adjusted) = 31.0%s = 47.5155 degrees of freedom

Here the dependent variable (y) is US Gross.There are two independent variables. Budget (x1)…

Answered: a) Write out the regression model.…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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a) Write out the regression model. USGross = + ( Budget + Comedy