Question 17.16

17.16 Is a movie profitable?

In Example 17.6 (pages 17-7 to 17-8), we developed a model to predict whether a movie will be profitable based on log opening-weekend revenue. What are the predicted odds of a movie being profitable if the opening-weekend revenue is

  1. $20 million dollars?
  2. $35 million dollars?
  3. $50 million dollars?

movprof