The following data describes weekly gross revenue, television advertising, and newspaper advertising for Showtime Movie Theaters. Weekly Gross Televison Newspaper Revenue Advertising Advertising ($1000s) ($1000s) ($1000s) 97 5 1.5 90 2 95 4 1.5 92 2.5 2.5 95 3 3.3 94 3.5 2.3 94 2.5 4.2 94 3 2.5 a. Find an estimated regression equation relating weekly gross revenue to television advertising expenditures and newspaper advertising expenditures (to 2 decimals). 2.
The following data describes weekly gross revenue, television advertising, and newspaper advertising for Showtime Movie Theaters. Weekly Gross Televison Newspaper Revenue Advertising Advertising ($1000s) ($1000s) ($1000s) 97 5 1.5 90 2 95 4 1.5 92 2.5 2.5 95 3 3.3 94 3.5 2.3 94 2.5 4.2 94 3 2.5 a. Find an estimated regression equation relating weekly gross revenue to television advertising expenditures and newspaper advertising expenditures (to 2 decimals). 2.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
Problem 17HP
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I need help with part A
![The following data describes weekly gross revenue, television advertising, and newspaper advertising for Showtime Movie Theaters.
Weekly Gross
Televison
Newspaper
Revenue
Advertising
Advertising
($1000s)
($1000s)
($1000s)
97
1.5
90
2
95
4
1.5
92
2.5
2.5
95
3.3
94
3.5
2.3
94
2.5
4.2
94
3
2.5
a. Find an estimated regression equation relating weekly gross revenue to television advertising expenditures and newspaper advertising
expenditures (to 2 decimals).
Revenue =
TVAdv +
NewsAdv
+](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5aa35589-0e2e-46e3-880e-5b8722d722b0%2F282e1292-baed-4759-b729-9722827fbe95%2Fmm6pq6wc_processed.png&w=3840&q=75)
Transcribed Image Text:The following data describes weekly gross revenue, television advertising, and newspaper advertising for Showtime Movie Theaters.
Weekly Gross
Televison
Newspaper
Revenue
Advertising
Advertising
($1000s)
($1000s)
($1000s)
97
1.5
90
2
95
4
1.5
92
2.5
2.5
95
3.3
94
3.5
2.3
94
2.5
4.2
94
3
2.5
a. Find an estimated regression equation relating weekly gross revenue to television advertising expenditures and newspaper advertising
expenditures (to 2 decimals).
Revenue =
TVAdv +
NewsAdv
+
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