For the regression model in Exercise 8, the leverage values look like this: The movie with the
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For the regression model in Exercise 8, the leverage values look like this:
The movie with the highest leverage of 0.219 is Walt Disney’s John Carter, which grossed $66M but had a budget of $300M. If the budget for John Carter had been $1M higher than it was (and everything else remained the same), how much would the model’s prediction of John Carter’ s U.S. gross revenue change?
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Related Book For 
Business Statistics
ISBN: 9780133899122
3rd Canadian Edition
Authors: Norean D. Sharpe, Richard D. De Veaux, Paul F. Velleman, David Wright
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