Rental revenue(in millions of dollars)4.Can movie rental revenue be predicted?A movie studio wishes to determine the relationship between the revenue from rental of comedies on streaming services and therevenue generated from the theatrical release of such movies. The studio has the following bivariate data from a sample of fifteencomedies released over the past five years. These data give the revenue x from theatrical release (in millions of dollars) and the revenuey from streaming service rentals (in millions of dollars) for each of the fifteen movies. Also shown are the scatter plot and the least-squares regression line for the data. The equation for this line is y=3.30 +0.15x.Theater revenue, XRental revenue, y(in millions of dollars)(in millions of dollars)61.116.544.86.1个y18-36.812.11661.49.614-13.39.712-25.89.010-ャ★20.24.6X.826.37.77.32.648.515.927.711.720307028.32.8Theater revenue66.310.1(in millions of dollars)29.96.322 27.711.7203040507028.32.8Theater revenue66.310.1(in millions of dollars)29.96.315.62.2Send data to calculatorBased on the studio's data and the regression line, complete the following.(a) For these data, values for rental revenue that are greater than the mean of the values forrental revenue tend to be paired with values for theater revenue that are (Choose one)the mean of the values for theater revenue.(b) According to the regression equation, for an increase of one million dollars in theater revenue,there is a corresponding increase of how many million dollars in rental revenue?

It can be observed from the regression plot that the Theatre revenue and the Rental revenue have a…

Based on the studio's data and the regression line, complete the following. (a) For these data, values for rental revenue that are greater than the mean of the values for rental revenue tend to be paired with values for theater revenue that are (Choose one) ▼ the mean of the values for theater revenue. (b) According to the regression equation, for an increase of one million dollars in theater revenue, there is a corresponding increase of how many million dollars in rental revenue?

Based on the studio's data and the regression line, complete the following. (a) For these data, values for rental revenue that are greater than the mean of the values for rental revenue tend to be paired with values for theater revenue that are (Choose one) ▼ the mean of the values for theater revenue. (b) According to the regression equation, for an increase of one million dollars in theater revenue, there is a corresponding increase of how many million dollars in rental revenue?

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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The following multiple linear regression depicts the sales of Unilever Corporation: S = 10- 0.20P + 0.06TA + 0.08RA Where:S: Sales (Unit);P: Price ($/Unit);TA: Television advertising ($)RA: Radio advertising ($). 1. Interpret the slopes;2. Is television advertising more effective than radio advertising? Why or why not?3. What is the effect of a $1 increase in price, a $3 increase in TV advertising, and a $2decrease in radio advertising on sales?4. What is the effect of a $2 decrease in price, a $2 decrease in TV advertising, and a $4increase in radio advertising on sales?
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