Question 1:
The regression output is:
R² | 0.934 | |||||
Adjusted R² | 0.907 | |||||
R | 0.966 | |||||
Std. Error | 0.564 | |||||
n | 8 | |||||
k | 2 | |||||
Dep. Var. | y | |||||
ANOVA table | ||||||
Source | SS | df | MS | F | p-value | |
Regression | 22.4076 | 2 | 11.2038 | 35.18 | .0011 | |
Residual | 1.5924 | 5 | 0.3185 | |||
Total | 24.0000 | 7 | ||||
Regression output | confidence interval | |||||
variables | coefficients | std. error | t (df=5) | p-value | 95% lower | 95% upper |
Intercept | 86.9926 | |||||
x1 | 1.8236 | 0.2177 | 8.376 | .0004 | 1.2640 | 2.3833 |
x2 | 0.0976 | 0.2042 | 0.478 | .6528 | -0.4272 | 0.6224 |
(a) R² = 0.934
Ra² = 0.907
(b) Yes
atalog The owner of Showtime Movie Theaters, Inc, le regression analysis to predict gross revenue as...
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 (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., 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 (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) 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...
eBook Video The owner of Showtime Movie Theaters, Inc., used multiple regression analysis to predict gross revenue (y) as a function of television advertising (21) and newspaper advertising (C2). Weekly Gross Revenue ($1000) Televison Advertising ($1000s) Newspaper Advertising ($1000s) 1.5 na 3.5 in w in N w The estimated regression equation was y = 82.4+ 2x1 - 1.722. The computer solution provided SST = 31.875, SSR = 30.61 . a. Compute R (to 3 decimals). 0.960 Compute R (to 3...
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 Question 2: In Question 1, the owner of Showtime Movie Theaters, Inc. used multiple...
Exercise 15.15 Self-Test) Algorithmic Save Sub Video The owner of Showtime Movie Theaters, Inc., used multiple regression analysis to predict gross revenue as a function of television advertising and newspaper advertising Weekly Gross Revenue ($1000s) Televison Advertising ($1000s) Newspaper Advertising ($1000s) The estimated regression equation was 86.3 +1.821,-0.5427 The computer solution provided SST - 27.875, SSR-26.75 a. Compute R (to 3 decimals), Compute Rd (to 3 decimals). b. When television advertising was the only Independent variable, R 0.881 and 0.861....
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 are entered into the Microsoft Excel Online file below. Use the XLMiner Analysis ToolPak to perform your regression analysis in the designated areas of the spreadsheet. Open spreadsheet a. Develop an estimated regression equation with the amount of television advertising as the independent variable (to 2 decimals). Revenue = TVAdv b. Develop...