Homework Answers
R Square = SSR/SST = 23.435/25.5 = 0.9190
R Square tells us how much of the variation in the dependent variable can be explained by the independent variable. Here it is 0.9190 ie 91.90% of the variation in hours can be explained by the independent variables
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Question 1The owner of Showtime Movie Theaters, Inc. would like to predict weekly gross revenue as...
Question 1The owner of Showtime Movie Theaters, Inc. would like to predict weekly gross revenue as...
Question 1The owner of Showtime Movie Theaters, Inc. would like to predict weekly gross revenue as a function of advertising expenditures. Historical data for a sample of eight weeks follow. (6 points) Weekly Gross Revenue Newspaper Advertising Advertising ($1000s) Televison ($1000s) (s1000s) 96 5.0 1.5 2.0 2.0 90 95 4.0 1.5 92 2.5 2.5 3.3 95 3.0 3.5 2.3 94 2.5 4.2 94 94 3.0 2.5 b. Develop an estimated regression equation with both television advertising and news- paper advertising...
The owner of Showtime Movie Theaters, Inc., used multiple regression analysis to predict gross revenue y)...
The owner of Showtime Movie Theaters, Inc., used multiple regression analysis to predict gross revenue y) as a function of television advertising (1) and newspaper advertising (2) Weekly Gross Televison Newspaper Advertising (S1000s) Advertising (S1000s) Revenue ($1000s) 96 5 2.5 91 2 3 95 2.5 93 3.5 2.5 95 4 4.3 95 4.5 2.3 94 3.5 4.2 94 4 3.5 86.3+1.611 0.48a The estimated regression equation was =16.875, SSR 16.01 The computer solution provided SST a. Compute R (to 3...
The owner of Showtime Movie Theaters, Inc., used multiple regression analysis to predict gross revenue (y)...
The owner of Showtime Movie Theaters, Inc., used multiple regression analysis to predict gross revenue (y) as a function of television advertising (x 1) and newspaper advertising (x 2). The estimated regression equation was Weekly Gross Revenue ($1000s) Televison Advertising ($1000s) Newspaper Advertising ($1000s) 96 5 1.5 90 2 2 95 5 1.5 93 3.5 3.5 96 4 4.3 95 4.5 2.3 95 3.5 5.2 95 4 3.5 ŷ = 84.3 + 2.02 x 1 + 0.7 x 2 The...
The owner of Showtime Movie Theaters, Inc, would like to predict weekly gross revenue as a...
The owner of Showtime Movie Theaters, Inc, would like to predict weekly gross revenue as a function of advertising expenditures. Historical data for a sample of eight weeks follow Weekly Gross Televison Newspaper Advertising Advertising Revenue ($1000s) ($1000s) ($1000s) 96 5 1.5 91 3 96 5 2.5 92 2.5 2.5 95 3 4.3 95 3.5 3.3 94 2,5 4.2 94 3 3.5 a. Use o0.01 to test the hypotheses Ho BB0 H A and/or Bis not equal to zero for...
The following data describes weekly gross revenue, television advertising, and newspaper advertising for Showtime Movie Theaters....
The following data describes weekly gross revenue, television advertising, and newspaper advertising for Showtime Movie Theaters. Weekly Gross Televison Newspaper Advertising Advertising Revenue ($1000s) ($1000s) ($1000s) 1.5 2 1.5 2.5 3.3 2.3 90 2 4 2.5 92 95 94 94 94 3.5 2.5 2.5 a. Find an estimated regression equation relating weekly gross revenue to television advertising expenditures and newspaper advertising expenditures (to 2 decimals) Revenue = 83.78 1.78 TVAdv + | 1.47 NewsAdv
The owner of Showtime Movie Theaters, Inc., used multiple regression analysis to predict gross revenue (y)...
The owner of Showtime Movie Theaters, Inc., used multiple regression analysis to predict gross revenue (y) as a function of television advertising (1) and newspaper advertising (C2). Weekly Gross Revenue ($1000s) Televison Advertising ($1000s) Newspaper Advertising ($1000s) 2.5 The estimated regression equation was y = 85.5+ 2.0621 -0.37x2. The computer solution provided SST = 26, SSR = 24.356. a. Compute RP (to 3 decimals). Compute RX (to 3 decimals). b. When television advertising was the only independent variable, R2 =...
The owner of Showtime Movie Theaters, Inc., used multiple regression analysis to predict gross revenue (y)...
The owner of Showtime Movie Theaters, Inc., used multiple regression analysis to predict gross revenue (y) as a function of television advertising (1) and newspaper advertising (2). Weekly Gross Revenue ($1000s) Televison Advertising ($1000s) Newspaper Advertising ($1000s) 2.5 لما الما ا ل The estimated regression equation was y = 84.6 + 1.38001 - 1.29.02. The computer solution provided SST = 17.5, SSR = 16.412. a. Compute R (to 3 decimals). Compute R (to 3 decimals). = 0.475. Are the multiple...
The owner of Showtime Movie Theaters, Inc., used multiple regression analysis to predict gross revenue (y)...
The owner of Showtime Movie Theaters, Inc., used multiple regression analysis to predict gross revenue (y) as a function of television advertising (11) and newspaper advertising (C2). Weekly Gross Revenue ($1000s) Televison Advertising ($1000s) Newspaper Advertising ($1000s) 2.5 The estimated regression equation was y = 85.5+ 2.06x1 -0.37x2. The computer solution provided SST = 26, SSR = 24.356. a. Compute R2 (to 3 decimals). 0.937 Compute R. (to 3 decimals). b. When television advertising was the only independent variable, RP...
The owner of Showtime Movie Theaters, Inc., used multiple regression analysis to predict gross revenue (y)...
The owner of Showtime Movie Theaters, Inc., used multiple regression analysis to predict gross revenue (y) as a function of television advertising (1) and newspaper advertising (22) Weekly Gross Revenue ($1000s) Televison Advertising ($1000s) Newspaper Advertising ($1000s) 1.5 البة بة جة The estimated regression equation was y = 88.4 +1.85&1 - 0.1722 The computer solution provided SST = 23.5, SSR = 22.035. a. Compute R2 (to 3 decimals). Compute R2 (to 3 decimals). Compute RX (to 3 decimals). b. When...
The owner of Showtime Movie Theaters, Inc., would like to predict weekly gross revenue as a...
The owner of Showtime Movie Theaters, Inc., would like to predict weekly gross revenue as a function of advertising expenditures. Historical data for a sample of eight weeks follow. Weekly Gross Televison Newspaper Advertising ($1000s) Advertising ($1000s) Revenue ($1000s) 97 5 1.5 2 06 96 4 2.5 93 3.5 2.5 96 4 3.3 94 3.5 3.3 94 2.5 5.2 95 4 2,5 a. Use o 0.01 to test the hypotheses H8 and/or B is not equal to zero for the...
Question 1The owner of Showtime Movie Theaters, Inc. would like to predict weekly gross revenue as a function of advertising expenditures. Historical data for a sample of eight weeks follow. (6 points) Weekly Gross Revenue Newspaper Advertising Advertising ($1000s) Televison ($1000s) (s1000s) 96 5.0 1.5 2.0 2.0 90 95 4.0 1.5 92 2.5 2.5 3.3 95 3.0 3.5 2.3 94 2.5 4.2 94 94 3.0 2.5 b. Develop an estimated regression equation with both television advertising and news- paper advertising...
The owner of Showtime Movie Theaters, Inc., used multiple regression analysis to predict gross revenue y) as a function of television advertising (1) and newspaper advertising (2) Weekly Gross Televison Newspaper Advertising (S1000s) Advertising (S1000s) Revenue ($1000s) 96 5 2.5 91 2 3 95 2.5 93 3.5 2.5 95 4 4.3 95 4.5 2.3 94 3.5 4.2 94 4 3.5 86.3+1.611 0.48a The estimated regression equation was =16.875, SSR 16.01 The computer solution provided SST a. Compute R (to 3...
The owner of Showtime Movie Theaters, Inc, would like to predict weekly gross revenue as a function of advertising expenditures. Historical data for a sample of eight weeks follow Weekly Gross Televison Newspaper Advertising Advertising Revenue ($1000s) ($1000s) ($1000s) 96 5 1.5 91 3 96 5 2.5 92 2.5 2.5 95 3 4.3 95 3.5 3.3 94 2,5 4.2 94 3 3.5 a. Use o0.01 to test the hypotheses Ho BB0 H A and/or Bis not equal to zero for...
The following data describes weekly gross revenue, television advertising, and newspaper advertising for Showtime Movie Theaters. Weekly Gross Televison Newspaper Advertising Advertising Revenue ($1000s) ($1000s) ($1000s) 1.5 2 1.5 2.5 3.3 2.3 90 2 4 2.5 92 95 94 94 94 3.5 2.5 2.5 a. Find an estimated regression equation relating weekly gross revenue to television advertising expenditures and newspaper advertising expenditures (to 2 decimals) Revenue = 83.78 1.78 TVAdv + | 1.47 NewsAdv
The owner of Showtime Movie Theaters, Inc., used multiple regression analysis to predict gross revenue (y) as a function of television advertising (1) and newspaper advertising (C2). Weekly Gross Revenue ($1000s) Televison Advertising ($1000s) Newspaper Advertising ($1000s) 2.5 The estimated regression equation was y = 85.5+ 2.0621 -0.37x2. The computer solution provided SST = 26, SSR = 24.356. a. Compute RP (to 3 decimals). Compute RX (to 3 decimals). b. When television advertising was the only independent variable, R2 =...
The owner of Showtime Movie Theaters, Inc., used multiple regression analysis to predict gross revenue (y) as a function of television advertising (1) and newspaper advertising (2). Weekly Gross Revenue ($1000s) Televison Advertising ($1000s) Newspaper Advertising ($1000s) 2.5 لما الما ا ل The estimated regression equation was y = 84.6 + 1.38001 - 1.29.02. The computer solution provided SST = 17.5, SSR = 16.412. a. Compute R (to 3 decimals). Compute R (to 3 decimals). = 0.475. Are the multiple...
The owner of Showtime Movie Theaters, Inc., used multiple regression analysis to predict gross revenue (y) as a function of television advertising (11) and newspaper advertising (C2). Weekly Gross Revenue ($1000s) Televison Advertising ($1000s) Newspaper Advertising ($1000s) 2.5 The estimated regression equation was y = 85.5+ 2.06x1 -0.37x2. The computer solution provided SST = 26, SSR = 24.356. a. Compute R2 (to 3 decimals). 0.937 Compute R. (to 3 decimals). b. When television advertising was the only independent variable, RP...
The owner of Showtime Movie Theaters, Inc., used multiple regression analysis to predict gross revenue (y) as a function of television advertising (1) and newspaper advertising (22) Weekly Gross Revenue ($1000s) Televison Advertising ($1000s) Newspaper Advertising ($1000s) 1.5 البة بة جة The estimated regression equation was y = 88.4 +1.85&1 - 0.1722 The computer solution provided SST = 23.5, SSR = 22.035. a. Compute R2 (to 3 decimals). Compute R2 (to 3 decimals). Compute RX (to 3 decimals). b. When...
The owner of Showtime Movie Theaters, Inc., would like to predict weekly gross revenue as a function of advertising expenditures. Historical data for a sample of eight weeks follow. Weekly Gross Televison Newspaper Advertising ($1000s) Advertising ($1000s) Revenue ($1000s) 97 5 1.5 2 06 96 4 2.5 93 3.5 2.5 96 4 3.3 94 3.5 3.3 94 2.5 5.2 95 4 2,5 a. Use o 0.01 to test the hypotheses H8 and/or B is not equal to zero for the...
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