(Answered) Question - predicting movie revenue preliminary analysis

Statistics

Question - Predicting movie revenue: preliminary analysis. The response variable is a movie's total U.S. revenue (USRevenue). Let's consider as explanatory variables the movie's budget (Budget); opening weekend revenue (Opening); the number of theaters (Theaters) in which the movie was shown during the opening weekend; and the movie's IMDb rating (Opinion), which is on a 1 to 10 scale (10 being best). Although this rating is updated continuously, we'll assume that the current rating is the rating at the end of the first week.

(a) Using numerical and graphical summaries, describe the distribution of each explanatory variable. Are there any unusual observations that should be monitored?

(b) Using numerical and graphical summaries, describe the relationship between each pair of explanatory variables.

View complete question

Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M92555775
Price:- $25

Verified Expert

Priced at $50 Now at $25, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Statistics and Probability

What is a financial and economic issue in the healthcare

What is a financial and economic issue in the healthcare industry?

An all-equiry business has 175m shares outstanding selling

An all-equiry business has 175M shares outstanding selling for $20/share. Management believes interest rates are unreasonably low and decides to execute a leveraged recapitalization. It will raise $1B in debt and repurch ...

Consider the binomial distribution where n 11 and p 005

Consider the binomial distribution where n = 11 and p = 0.05. Find the mean and standard deviation of this binomial distribution. The customers at a local appliance store are polled as they leave the store. Each is asked ...

In a sample of 150 hospital emergency admissions with a

In a sample of 150 hospital emergency admissions with a certain diagnosis, 128 listed vomiting as a presenting symptom. Do these data provide sufficient evidence to indicate, at the .01 level of significance, that the po ...

Given the following values 20 m 16 07 conduct a

Given the following values: = 20, M = 16, = 0.7, conduct a one-sample z test at a .05 level of significance. What is the decision for a two-tailed test? A) to reject the null hypothesis B) to retain the null hypothesis C ...

Assume that the significance level is alpha equals alpha005

Assume that the significance level is alpha equals α=0.05. Use the given statement and find the? P-value and critical? value(s). The test statistic of z equals = -1.53 is obtained when testing the claim that p= 1/6 P-val ...

5 of females smoke cigarettes what is the probability that

5% of females smoke cigarettes. What is the probability that the proportion of smokers in a sample of 865 females would be greater than 3%

To finance additional inventory arbutus ltd is considering

To finance additional inventory, Arbutus Ltd. is considering forgoing the cash discount on all of its purchases presently offered on terms of 2/10, net 45. No payments will be stretched. Annual purchases are $9.21 millio ...

In a population of phd students 50 have paid assistant

In a population of Ph.D students 50% have paid assistant ships. A random sample of n=200 students are chosen. What is the expected number of students who have paid assistant ships in this sample?

Data collected over a long period of time showed that a

Data collected over a long period of time showed that a particular genetic defect occurs in 1 of every 1000 children. Let X be the random variable "number of children with genetic defect in a sample of 50,000 children ex ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Statistics and Probability Expert