Question

Use computer software packages, such as Minitab or Excel, to solve this problem. The owner of Showtime Movie Theaters, Inc., used multiple regression analysis to predict gross revenue () as a function of television advertising () and newspaper advertising (). Values of , , and are expressed in thousands of dollars. Weekly Gross Revenue ($1000vs) Television Advertising ($1000in) Newspaper Advertising ($1000s) 96 5 1.5 90 2 2 95 4 1.5 92 2.5 2.5 95 3 3.3 94 3.5 2.3 94 2.5 4.2 94 3 2.5 The estimated regression equation was a. What is the estimated gross revenue for a week where thousand is spent on television and thousand is spent on newspaper advertising (to 3 decimals)

Answer 1

a. Gross revenue

b. 95% P.I ( 91.774, 95.400)

Step-by-step explanation:

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