Science fiction movies are becoming increasingly popular, enjoying diehard fan following across all ages. The file Sciencefiction
Question:
Science fiction movies are becoming increasingly popular, enjoying diehard fan following across all ages. The file Sciencefiction contains data for 199 science fiction movies.
The following variables for each movie are accounted for:
Release year
Original title
Kids fiction \((1=\) yes, \(0=\) no \()\)
Superhero ( \(1=\) yes, \(0=\) no)
Production budget (in millions of dollars without marketing costs)
Opening week revenue (in millions of dollars)
US revenue (revenue from the United States in millions of dollars)
International revenue (revenue outside the United States in millions of dollars)
Develop the most appropriate multiple regression model to predict firm revenue. Be sure to perform a thorough residual analysis. In addition, provide a detailed explanation of the results.
Step by Step Answer:
Public Finance An International Perspective
ISBN: 9789814365048
1st Edition
Authors: Joshua E. Greene