What can predict how much a motion picture will make? Data on a number of recent releases that includes the Gross ($M), the Budget (SM), the Run Time (minutes), and the average number of Stars awarded by reviewers was collected and a regression model was created to predict Gross. Use the computer output given below to complete parts a through d. Dependent variable is: Gross R squared = 41.6%, R squared (adjusted) = 40.1% s=46.68 with 120-4-116 degrees of freedom Variable Coef Intercept - 22.3182 Budget Stars Run Time 1.13467 23.2802 -0.411359 O A. Ho: PStars <0 OB. Ho: Pstars = 0 SE(Coef) 24.32 0.12586 6.878 0.2494 H..R.. #0 t-ratio -0.92 9.02 3.38 - 1.65 P-value 0.3595 0.0000 a) What is the null hypothesis tested for the coefficient of Stars in this table? 0.0010 0.1017

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part b - what is the t statistic?

and part c - what is the p value?

What can predict how much a motion picture will make? Data on a number of recent releases that includes the Gross ($M), the
Budget (SM), the Run Time (minutes), and the average number of Stars awarded by reviewers was collected and a regression
model was created to predict Gross. Use the computer output given below to complete parts a through d.
Dependent variable is: Gross
R squared = 41.6%, R squared (adjusted) = 40.1%
s=46.68 with 120-4-116 degrees of freedom
Variable
Coef
- 22.3182
Intercept
Budget
Stars
Run Time
a) What is
1.13467
23.2802
-0.411359
SE(Coef)
24.32
0.12586
6.878
0.2494
A. Ho: PStars <0
B. Ho: Stars = 0
OG HA.. #0
t-ratio
-0.92
9.02
3.38
- 1.65
P-value
0.3595
0.0000
0.0010
0.1017
null hypothesis tested for the coefficient of Stars in this table?
Transcribed Image Text:What can predict how much a motion picture will make? Data on a number of recent releases that includes the Gross ($M), the Budget (SM), the Run Time (minutes), and the average number of Stars awarded by reviewers was collected and a regression model was created to predict Gross. Use the computer output given below to complete parts a through d. Dependent variable is: Gross R squared = 41.6%, R squared (adjusted) = 40.1% s=46.68 with 120-4-116 degrees of freedom Variable Coef - 22.3182 Intercept Budget Stars Run Time a) What is 1.13467 23.2802 -0.411359 SE(Coef) 24.32 0.12586 6.878 0.2494 A. Ho: PStars <0 B. Ho: Stars = 0 OG HA.. #0 t-ratio -0.92 9.02 3.38 - 1.65 P-value 0.3595 0.0000 0.0010 0.1017 null hypothesis tested for the coefficient of Stars in this table?
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