What can predict how much a motion picture will make?

We have data on a number of recent releases that includes the USGross (in $), the Budget ($), the Run Time (minutes), and the average number of Stars awarded by reviewers. The first several entries in the data table look like this:

We want a regression model to predict USGross. Parts of the regression output computed in Excel look like this:

a) Write the multiple regression equation

b) What is the interpretation of the coefficient of Budget in this regression model?

Transcribed Image Text:

USGross Budget Run Time Movie (SM) (SM) (minutes) Stars White Noise 56.094360 30 101 Coach Carter 67.264877 45 136 23 3 Elektra 24.409722 65 100 2 Racing Stripes 49.772522 30 110 Assault on Precinct 13 20.040895 30 109 33 3 Are We There Yet? 82.674398 Alone in the Dark 5.178569 20 Indigo 51.100486 25 222 20 94 2 96 1.5 105 3.5