For Exercise 11.33, see page 550; for 11.34 and 11.35, see page 554; for 11.36 and 11.37, see page 555; for 11.38, see page 558; for 11.39, see page 559; and for 11.40 and 11.41, see pages 560–561.

Question 11.40

11.40 Are Budget and Theater useful predictors of USRevenue?

CASE 11.2 Run the multiple regression to predict movie revenue using all three predictors. Then run the model using only Budget and Theaters.

  1. The for the second model is 0.4355. Does your work confirm this?
  2. Make a table giving the Budget and Theaters coefficients and their standard errors, statistics, and -values for both models. Explain carefully how your assessment of the value of these two predictors of movie revenue depends on whether or not opening-weekend revenue is in the model.

movies