We want a regression model to predict USGross. Parts of the regression output computed in Excel look like this: Dependent variable is: USGross($) = 47.4% R squared (adjusted) = 46.0% R squared 46.41 with 120 - 4 = 116 degrees of freedom For %3D S = Variable Coefficient SE(Coeff) t-ratio P-value - 25.70 -0.895 0.3729 Intercept Budget($) -22.9898 1.13442 0.1297 8.75 <0.0001 Stars 24.9724 5.884 4.24 <0.0001 Run Time -0.403296 0.2513 -1.60 0.1113 a) Write the multiple regression equation. b) What is the interpretation of the coefficient of Budget in this regression model? aldehsV
We want a regression model to predict USGross. Parts of the regression output computed in Excel look like this: Dependent variable is: USGross($) = 47.4% R squared (adjusted) = 46.0% R squared 46.41 with 120 - 4 = 116 degrees of freedom For %3D S = Variable Coefficient SE(Coeff) t-ratio P-value - 25.70 -0.895 0.3729 Intercept Budget($) -22.9898 1.13442 0.1297 8.75 <0.0001 Stars 24.9724 5.884 4.24 <0.0001 Run Time -0.403296 0.2513 -1.60 0.1113 a) Write the multiple regression equation. b) What is the interpretation of the coefficient of Budget in this regression model? aldehsV
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

Transcribed Image Text:U.S. Gross
3.
96
20
20
to this candy. (Be sure to include the units.)
C) What does that residual say about her candy?
Section 28.2
000
00
a
50
picture will make? We have data on a number of recent
releases that includes the USGross (in $M), the Budget
(SM), the Run Time (minutes), and the average number
of Stars awarded by reviewers. The first several entries
in the data table look like this:
What (if anything) doe
the following Assumpt
regression?
a) Linearity condition
b) Equal Spread cond
c) Normality assumpt
Run Time
Budget
($M)
USGross
Movie
(minutes)
Stars
(W$)
56.094360
White Noise
101
2.
6. Movie residuals For
togram of the residua
Assumptions and Co
Coach Carter
67.264877
45
136
3.
Elektra
24.409722
65
2.
Racing Stripes
49.772522
110
3.
Assault on
20.040895
60
40
Precinct 13
Are We There
82.674398
94
2.
Yet?
Alone in the
5.178569
1.5
zeol -150
Dark
3.5
0s diw bosis
Indigo
51.100486
25
We want a regression model to predict USGross. Parts of
the regression output computed in Excel look like this:
a) Linearity conditi
b) Nearly Normal c
c) Equal Spread co
Dependent variable is: USGross($)
R squared
Section 28.4
47.4% R squared (adjusted) = 46.0%
s = 46.41 with 120 – 4 = 116 degrees of freedom
Tanimy emil el oldeis
7. Movie tests In the
Exercise 3,
%D
%3D
Del
SE(Coeff) t-ratio P-value -R
Variable
Coefficient
a) What is the null
Stars in this tab
Intercept
-22.9898
25.70
-0.895
0.3729
Budget($)
1.13442
0.1297
8.75
b) What is the t-st
c) What is the P-v
d) Complete the b
hypothesis?
Stars
24.9724
5.884
4.24
Run Time
-0.403296
0.2513 -1.60
0.1113
a) Write the multiple regression equation.
b) What is the interpretation of the coefficient of Budget
in this regression model?
8. More movie test
a) What is the nu
4. Movie profits again A middle manager at an entertain-
ment company, upon seeing the analysis of Exercise 3,
concludes that longer movies make less money. He argues
that his company's films should all be cut by 30 minutes
to improve their gross. Explain the flaw in his interpretation
of this model. 10 moioflooos
Run Time in th
b) What is the t-s
c) Why is this t-s
d) What is the P-
do e) Complete the
hypothesis?
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